Bank's Anti-Fraud Chief Charged With $3.9 Million Fraud

lloyd's London Jessica Harper anti-fraudMay 25 (Reuters) - The former head of digital banking fraud and security at state-backed Lloyds Banking Group has been charged with defrauding her employer by submitting close to 2.5 million pounds ($3.9 million) worth of false expense claims. In a statement on Friday, the Crown Prosecution Service (CPS) said it had authorised London's Metropolitan Police to charge Jessica Harper with one count of fraud by abuse of position.

The CPS said the charge related to an allegation that Harper submitted false invoices to claim payments totaling 2,463,751 pounds to which she was not entitled between September 2008 and December 2011.

Harper will appear before Westminster Magistrates Court in London on May 31.

Lloyds, which is 40 percent owned by the UK taxpayer, declined to comment.


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mamoseley3

I'll never understand how ANYONE can defraud any business. Is there no one who goes behind an employee and checks to see that his or her work is correct? It blows my mind to think that there are no security measures taken to insure that this does not happen. It is strictly stupidity on the part of employers to think that employees will not steal if they get a chance. I would NEVER be in charge of ANY business where only one person was responsible for the money. When I worked as a cashier, my boss had me check my cash drawer three times a day. That way there was no way an error was made without it being detected. DUH!

May 26 2012 at 9:53 AM Report abuse rate up rate down Reply
Wwhatever747

Whom to trust? NOT! Execute him so others won't do the same.

May 26 2012 at 6:07 AM Report abuse rate up rate down Reply
Escalonz

What better position to commit fraud than being in charge of the anti fraud dept of the bank. Dip your hand into the till and someone reports it have him/her fired and arrested for attempted defamation of character.

May 25 2012 at 10:06 PM Report abuse rate up rate down Reply
Viper1ex19

These people have to live in gated or high security homes.
Otherwise they wouldn't live long enough to be prosecuted.

May 25 2012 at 8:15 PM Report abuse +1 rate up rate down Reply
ragtopdaz

Her problem was that she did not steal enough and or didn't grease the right palms like good old John did..
Jon Corzine’s missing $1.6 billion has been located
Bad news for clients: no, you can’t have it all back.

Investigators probing the collapse of bankrupt brokerage MF Global said Tuesday that they have located the $1.6 billion in customer money that had gone missing from the firm.

May 25 2012 at 6:56 PM Report abuse +1 rate up rate down Reply
ragtopdaz

After her day or two in jail she will be welcomed with open arms to come and work here in the US.

In early 2007, way before he was a presidential frontrunner, candidate Obama was raising more money from Wall Street interests than all other candidates, including New York presidential candidates Hillary Clinton and Rudy Giuliani. In June 2008, as soon as Hillary ended her campaign, Obama went on CNBC, shunned the “populist” label and announced: “Look: I am a pro-growth, free-market guy. I love the market.” He packed his economic team with Wall Street friends -- choosing one of Bill Clinton’s Wall Street deregulators, Larry Summers, as his top economic advisor.

May 25 2012 at 6:15 PM Report abuse rate up rate down Reply
chainsawd2

That's what happens when we put a diabetic in charge of a candy store...

May 25 2012 at 6:10 PM Report abuse rate up rate down Reply
wildnan2005

I thought it only happend in the us of a! but atleast she has has to go to court!!!

May 25 2012 at 6:02 PM Report abuse +1 rate up rate down Reply
abourge458

He's more "qualified" than ever now because... He's "Learned on the job"

May 25 2012 at 6:02 PM Report abuse +1 rate up rate down Reply
gmhtv1

Right...better to have a damn communist/socialist santa claus as president instead HUH Some peoples stupidity is beyond belief

May 25 2012 at 6:00 PM Report abuse rate up rate down Reply

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