Former Lloyds security boss jailed

16:43 21 September 2012

Jessica Harper was jailed for five years

Jessica Harper was jailed for five years


A former head of online security at Lloyds Banking Group has been jailed for five years after defrauding the company of almost £2.5 million.

Jessica Harper, 50, whose £60,000-a-year role included fighting fraud, submitted 93 false and doctored invoices to pay herself £2,463,750, which she then gave to friends and her three brothers to allow them to buy property.

The fraud took place during the financial crisis when Lloyds received substantial amounts of taxpayers’ money.

She stole the money over four years by creating a dummy bank account in the name of an IT firm which carried out work for Lloyds, even throwing it off the scent when directors questioned paperwork they received.

Southwark Crown Court heard that Harper told police she deserved the money for showing “loyalty” to the firm when she could earn four times as much elsewhere, but denied personally benefiting from the fraud.

She said she worked 60 hours a week for two years in two jobs, first as a senior manager for third-party suppliers and then additionally as interim head of fraud and security.

Judge Deborah Taylor told her: “You were a senior employee in the bank in a position with a high degree of trust at a time when Lloyds was substantially supported by a lot of taxpayers’ money following difficulties sustained by the bank in the financial crisis.

“You disregarded your duties out of a sense of entitlement to take other people’s money for your own benefit and that of your family.”

Harper, of Crest Road, Croydon, south London, had previously pleaded guilty to a single charge of fraud by abuse of position and a second charge of money laundering, both between December 28 2007 and December 21 last year.

She admitted her crimes to police, telling them she deserved the money for working such long hours, getting up at 5.30am and getting home at around 8pm for a salary of between £60,000 and £70,000.

“I saw the opportunity and thought ‘given the hours I work I deserve it’,” she told officers.

“If I went to work for another company I would probably be earning four times as much.”

Harper was jailed for five years for fraud and four for money laundering, to be served concurrently. She will serve half before being released on licence.

Detective Chief Inspector Robin Cross, from the Fraud Squad, said: “This case is an example of a serious abuse of position by a senior bank employee who should have been protecting the bank and its customers against fraud.”

“Jessica Harper has destroyed her own reputation and the sentence reflects the seriousness of the offence.”

Sign up for our news alerts today!

Our editors' picks for the day's top news delivered to your inbox or phone.

Sign up for email alerts Sign up for mobile alerts
2 3 4 5 6

Latest Crime news

Thursday, October 8, 2015
Roadside tributes to cyclists are not a rare sight in the capital (Photo: Rob Stothard/Getty Images)

A lorry driver has been summonsed to appear at Westminster Magistrates’ Court accused of causing death by careless driving.

Wednesday, October 7, 2015
CCTV footage of the raid at Windsor Bishop jewellers in Norwich carried out by Islington smash and grab raiders Alfredo Rojasvagras, Bradley McMillan,  Mark Moloney and Dillon Zambon with two other associates. Picture: PRESS ASSOCIATION

Islington’s smash and grab shame was thrown back into the spotlight this week, after three men – and one boy – from the borough were jailed for a combined 20 years for a jewellery shop robbery.

Wednesday, October 7, 2015
A man punched a teenager in the face and verbally abused him on a Metropolitan Line train (Picture: PA Images)

A 19-year-old was punched in the face by a man - who was also verbally abusing him - on a Metropolitan Line tube train as it pulled in to Harrow on the Hill station, according to British Transport Police (BTP).

Wednesday, October 7, 2015
Dragos Moisica, 27, a Romanian national of High Street, Edgware, raped a girl on her 12th birthday at a hotel in Kenton (Picture: Metropolitan Police)

This man raped a vulnerable girl on her twelfth birthday. He groomed his child victim - he gave her presents, professed his love and finally lured her to a north London hotel for sex.

Wednesday, October 7, 2015
Winston Churchill statue in Woodford Green was vandalised with paint splashed over it

Vandals have poured orange and pink paint over Winston Churchill’s statue in Woodford Green.

Wednesday, October 7, 2015
Anyone with information about this man is asked to contact police on 101 quoting image 191154 or anonymously via Crimestoppers on 0800 555 111

Police have released a video of a chilling knifepoint robbery in Clerkenwell Close in hopes of identifying a man they want to speak to.

What is this?

Near You Now

Don't Miss...

Line-Up Events


You'll be stocked up on toiletries  for a while!

Cosmetics, toiletries, vitamins and more.

Read more
You could be splashing the cash at Topshop!

Just imagine what you could do with £1,000 to spend at Topshop.

Read more

Latest Tech News