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Britain's National Crime Agency is expanding a review into fraud allegations at HBOS, part of Lloyds Banking Group, that have already led to the jailing of six people in a scam that pushed ...
But it revealed charges for past misdeeds of £1.3 billion over the year, with a £775 million hit in the fourth quarter, including £600 million for the HBOS Reading scandal, which took place ...
The HBOS Reading trial finished on 2 February 2017. In April 2017 Lloyds Banking Group (LBG) commissioned Professor Russell Griggs to oversee a compensation scheme for the victims of HBOS Reading. The scheme concluded all of the victims businesses would have failed despite the Reading fraud and therefore only awarded compensation for D&I ...
Paul Russell Moore (30 October 1958 – September 28, 2020) [1] was best known as the HBOS whistleblower following his dismissal from Halifax Bank of Scotland (HBOS) in 2004. . Moore was the bank's Head of Group Regulatory Risk and was fired from the role by HBOS Group Chief Executive Office James Crosby following his warnings to the Board about HBOS's risky sales strategi
Lloyds Banking Group has been criticised for failing to compensate, or even apologise to, victims of fraud perpetrated by employees of HBOS. [94] [95] LBG was accused of treating the whistle-blowers involved in the HBOS Reading fraud poorly. Customers Paul and Nikki Turner presented evidence of the fraud to the board but were ignored.
Metropolitan Police detectives are looking at “potential fraud offences” committed during the Horizon IT scandal. More than 700 Post Office branch managers were handed criminal convictions ...
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