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Insider UK
Insider UK
Business
John Glover

Police refer Noel Edmonds case against HBOS to the CPS

Noel Edmonds HBOs CPS Police Lloyds Banking Group Reading

Thames Valley Police has referred Noel Edmonds' case against Lloyds Banking Group to the Crown Prosecution Service (CPS), following a criminal investigation into a former Halifax Bank of Scotland (HBOS) banker that led to the liquidation of the TV presenter's Unique Group of businesses.

The so-called Reading Fraud saw six people being jailed over a £245m loan fraud which took place in the Reading branch of Bank of Scotland during 2003 to 2007.

HBOS employees Mark Dobson, Lynden Scourfield, and other agents that worked alongside them - but not within the bank - were found guilty of pushing business customers into distress or failure by referring clients to turnaround companies and loading them with unmanageable debts and fees.

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