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The Lloyds Bank Reading branch scandal – how long does it take to fess up to a billion quid of fraud?

Tom Winnifrith
Tuesday 7 April 2026

The Times today reports on what looks to be an appalling cover up by Lloyds Bank (LLOY), a billon quid fraud from 2009 which my old pal the champagne socialist Brian Basham did so much to uncover. Thus really is shocking. Six Lloyds employees were jailed for the fraud back in 2017 at which point Lloyds set up its own enquiry under a retired High Court judge Dame Linda Dobbs

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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