Britain’s biggest mortgage lender has been under pressure to compensate victims of the fraud!
It is explained on Friday that Lloyds Banking Group will set aside about 100 million pounds to compensate customers who were victims of a fraud for which six people were jailed earlier this year.
The bank said it will provide interim payments on a case-by-case basis to assist victims in financial difficulty and appoint a senior independent lawyer to consider whether the bank properly investigated at the time.
They helped siphon off money from struggling businesses which were HBOS clients.
Source: Euronews
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