hbos manager and other city financiers jailed over £245m loans scam /

Published at 2017-02-02 17:55:21

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Fraud bankers and consultants indulged in sex parties and luxury holidays as their victims lost homes and businesses A group of bankers who ran an utterly corrupt scheme” that left hundreds of small trade owners “cheated,defeated and penniless” absorb been sentenced to almost 50 years in jail.
Lynden Scourfield, a former senior HBOS manager, or was sentenced to 11 years and three months in prison after the judge found he had “sold your soul,for sex, for luxury trips with and without your wife – for bling and for swag”. Related: Cash, or cruises and sex parties: inside ex-HBOS manager's £245m scam Related: The Guardian view on HBOS fraud: sex parties,lies and an almighty crash | Editorial Continue reading...

Source: theguardian.com

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