Former Lloyds Security Head Cops To $4M Fraud

Law360, New York (August 7, 2012, 1:44 PM EDT) -- A former Lloyds Banking Group PLC fraud chief pled guilty Tuesday in London to charges that she laundered money and abused her position by writing £2.5 million ($3.9 million) in false invoices to herself over four years.

Jessica Harper, the former head of fraud and security for digital banking at Lloyds Banking Group, pled guilty to the two charges in a south London court, the Crown Prosecution Service said in a statement.

"Jessica Harper has today been convicted of the type of crime the bank employed...
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