Former Lloyds worker jailed for £2.5m fraud

clock

A former security chief at Lloyds Banking Group has been jailed for five years for submitting false invoices to claim payments from the bank.

Jessica Harper admitted fraud by abuse of position and transferring criminal property defrauded from her employers. Between 2007 and 2011, she paid herself £2.5m through false and doctored invoices while working as head of fraud and security for digital banking at the company, the BBC reports. The 50-year-old South Croydon resident, who was earning £60,000 a year at the time, passed the proceeds to friends and her three brothers to invest in property. Judge Deborah Taylor told her: "You were a senior employee in the bank in a position with a high degree of trust at a time when Lloy...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Consumer Duty Alliance launches data forum to help with FCA expectations

Consumer Duty Alliance launches data forum to help with FCA expectations

Chaired by Model Office’s Chris Davies

Isabel Baxter
clock 26 June 2025 • 1 min read
'Risk aversion' from FCA and PRA limiting UK growth and competitiveness

'Risk aversion' from FCA and PRA limiting UK growth and competitiveness

Regulators 'constraining firms', House of Lords report claims

Patrick Brusnahan
clock 13 June 2025 • 2 min read
FCA targeted support communication to 'ramp up' as further guidance issued

FCA targeted support communication to 'ramp up' as further guidance issued

Regulator expected to update the industry this month

Isabel Baxter
clock 09 June 2025 • 5 min read