Article 60AE6 Victims of one of UK’s biggest banking frauds ‘to be offered £3m compensation’

Victims of one of UK’s biggest banking frauds ‘to be offered £3m compensation’

by
Rupert Neate
from World news | The Guardian on (#60AE6)

HBOS, now part of Lloyds Banking Group, was involved in major fraud at its Reading branch in early 2000s

Victims of one of Britain's biggest banking frauds will each be offered 3m compensation packages, according to a source familiar with the proposed deal expected to be announced later this week.

Halifax Bank of Scotland (HBOS) - which is now part of Lloyds Banking Group - was involved in a major fraud at its Reading branch in the early 2000s.

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