Bank of Scotland fined £45.5 million over fraud failure
bethkent ✅The Bank of Scotland have been fined £45.5m for not alerting the authorities to early indications of a fraud which jailed six people. The fines relate to an incident in 2007 by the head of the bank’s impaired assets team, Lynden Scourfield. The Financial Conduct Authority (FCA) have announced the bank knew he had been…