Mmastodon WorldCrime first seen 21 h ago, last 19 h ago, peak #4
HSBC banker banned from City over £5,900 train fare evasion
Original: Wealthy HSBC banker is banned from the City for dodging £5,900 in train fares https://www.standard.co.uk/news/london/mol
A wealthy HSBC banker has been barred from working in the City after being found to have dodged around £5,900 in train fares through fare evasion, in a case described as 'doughnutting' fraud. The story is drawing attention because of the contrast between the banker's affluence and the relatively small amount involved, and the professional consequences of the ban.
Why now: The unusual severity of the punishment relative to the small sum, plus the banker's high-flying profile, is making the case a talking point.
Evidence
- Wealthy HSBC banker is banned from the City for dodging £5,900 in train fares https://www.standard.co.uk/news/london/molloy-hsbc-banker-doughnutting-fare-evasion-fraud-b1299410.html # London # Business # Crime · the_standard@robot.villas · 2
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