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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, 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. |
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. |