British prosecutors: 8 people charged in $55 million bank corruption case
{{#rendered}} {{/rendered}}Prosecutors say that eight people have been charged in connection with a roughly 35 million pound ($55 million) corruption case involving what was once one of Britain's biggest banking groups.
The Crown Prosecution Service said in a statement late Tuesday that police charged two former employees of the Halifax Bank of Scotland, Lynden Scourfield and Mark Dobson, with steering loans through a business consultancy in return for corrupt gifts.
Three members of the consultancy — David Mills, Michael Bancroft, and John Cartright — face fraud charges. Mills, Bancroft, and Scourfield also face a charge of money laundering, as do their wives, Jacqueline Scourfield, Alison Mills, and Beverley Bancroft.
{{#rendered}} {{/rendered}}The Halifax Bank of Scotland, an early victim of the global financial crisis, was absorbed by Lloyds Banking Group PLC in 2009.