Collusive network gets 4M pounds in fraud against HBOS
March 12, 2009
Total Loss:
4 Million pounds
HBOS employees were able to by-pass security systems to enter customers accounts and copy confidential details, leading to more than £4 million being stolen, a court has been told.The court heard that the men were able to copy account details of over 50 customers before they were apprehended.
HBOS officials gave evidence that more than £4m was stolen. Some of the money has been recovered.
Posted in:
Internal Fraud