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HBOS fraud victims to be offered a £3m compensation deal

Former bankers Michael Bancroft, David Mills and Lynden Scourfield (pictured), were jailed after to 200 small business owners lost huge sums.

Victims of one of UK s biggest banking frauds to be offered £3m compensation | Banking

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

HBOS fraud victims to be offered a £3m compensation deal

Former bankers Michael Bancroft, David Mills and Lynden Scourfield (pictured), were jailed after to 200 small business owners lost huge sums.

Lloyds takes fresh £600m hit over HBOS scandal in Reading

Lloyds has now spent £1.2bn on clearing up the HBOS scandal, which it took responsibility for after buying the banking and insurance firm  in 2009.

Lloyds takes fresh £600m hit over HBOS scandal in Reading

Lloyds has now spent £1.2bn on clearing up the HBOS scandal, which it took responsibility for after buying the banking and insurance firm  in 2009.

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