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Bank Head of Security Arrested for Fraud

By Vigilize | Tuesday, September 25, 2012 - Leave a Comment

Lloyds Bank Online Security Officer Steals £2.4 million

In London, 50 year old Jessica Harper was arrested and sentenced to five years in prison for submitting false invoices claiming payments in total of £2,463,750 or about $4 million. At the time, Harper worked as head of fraud and security for digital banking at Lloyds Banking Group and had been earning a yearly salary of £60K. As a senior employee in the bank, she held a high degree of trust.

Harper justified her actions, claiming entitlement to the money, saying she deserved the money for the long hours she worked and the amount of pressure she was under. She is currently carrying out her five year sentence and has sold her home to pay back the stolen money. So far, she has repaid £709K.

Original article by BBC News London.
Read the full story here.

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