HBOS Fraudsters Got 'Bling,' 'Swank' — And Years In Prison

Law360, London (February 2, 2017, 4:07 PM GMT) -- The ringleaders within a group of financiers who pilfered millions from HBOS PLC in a bank loan scam that wrecked many vulnerable companies in the run-up to the 2008 financial crisis on Thursday were hit with substantial sentences of between 10 and 15 years by a London criminal court.

A London judge has sentenced the ringleaders of a group of financiers who pilfered millions from HBOS in a bank loan scam to between 10 and 15 years in prison each. (Getty) Leader David Mills was handed a 15-year term, while former HBOS manager Lynden Scourfield received a sentence of 11 years...

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