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Jessica Harper admits £2.4m Lloyds Bank fraud Jessica Harper admits £2.4m Lloyds Bank fraud
(40 minutes later)
A former Lloyds Bank worker in charge of online security has admitted carrying out a £2.4m fraud.A former Lloyds Bank worker in charge of online security has admitted carrying out a £2.4m fraud.
Jessica Harper, 50, of South Croydon, south London, had been accused of submitting false invoices to claim payments between 2007 and 2011. Jessica Harper, 50, had been accused of submitting false invoices to claim payments between 2007 and 2011.
At the time she was working as head of fraud and security for digital banking and made false claims totalling £2,463,750.At the time she was working as head of fraud and security for digital banking and made false claims totalling £2,463,750.
She was arrested on 21 December before being charged in May. Harper, of South Croydon, south London, will be sentenced on 21 September.
At Southwark Crown Court, Harper admitted a single charge of fraud by abuse of position by submitting false invoices to claim payments.At Southwark Crown Court, Harper admitted a single charge of fraud by abuse of position by submitting false invoices to claim payments.
Selling her home
She also admitted a single charge of transferring criminal property, the money, which she had defrauded from her employers.She also admitted a single charge of transferring criminal property, the money, which she had defrauded from her employers.
Harper was arrested on 21 December before being charged in May.
Antony Swift, prosecuting, did not open the facts of the case.
Carol Hawley, defending, said Harper was in the process of selling her £700,000 home to repay some of the stolen cash and was due to exchange contracts on Tuesday.
"She appreciates the seriousness and has made full admissions in interview," Ms Hawley told the court.
"She understands perfectly well on the next occasion she will be facing imprisonment of some length."
Ms Hawley applied for bail for Harper, but Judge Nicholas Loraine-Smith deferred a decision until retiring to consider the matter.
Lloyds is now 39.7% state-owned after being bailed out by the government during the financial crisis.Lloyds is now 39.7% state-owned after being bailed out by the government during the financial crisis.