Bankers arrested in HMRC tax probe

The arrests last week included four current employees, and one former employee, of RBS, as well as individuals from two other banks. HM Revenue and Customs said the arrests concerned the financial affairs of the individuals, and were not related to their work for the bank. The arrests are the result of a three-year investigation by HMRC into people suspected of evading tax by using a film finance loophole, reports the BBC. An HMRC spokeswoman said: "As a result of an ongoing HMRC investigation into tax-related criminal offences, HMRC has arrested a number of people, some of whom wo...