Lloyds head of security for online banking admits £2.5m fraud

A former head of fraud and security for digital banking at Lloyds Bank has admitted to committing £2.5 million fraud.

Jessica Harper, 50, was accused of filing false invoices to claim payments for more than three years, between September 2008 and December 2011.

Earlier this year, she was charged with one count of fraud by abuse of position for the false claims, which amounted to £2,463,750 in total. She has pleaded guilty of this charge at Southwark Crown Court, according to the BBC.

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According to her lawyer Carol Hawley, Harper is currently selling her £700,000 home to repay some of the stolen money.

Harper will be sentenced on 21 September.