LLOYDS BANK refuse to accept there are any victims of the crimes which they acknowledge occurred. This of course appears quite extraordinary to any sane individual but in the world of banking it is normal and acceptable behaviour. Apparently they regularly commit ‘victimless crimes.’
So, despite the fact LLOYDS BANK publicly promised to reimburse all victims of their crimes for their LOSSES, in order to minimise their payouts LLOYDS BANK only provide compensation for ‘distress and inconvenience’.
LLOYDS BANK know that compensation for ‘distress and inconvenience’ is not taxed by HMRC and this kind of compensation is generally below £350k.
However, we know LLOYDS BANK have done a deal with HMRC and where victims are pushing for more than the maximum compensation payout LLOYDS BANK pay the tax.
WE JUST THOUGHT YOU’D LIKE TO KNOW HOW LLOYDS SPRAY SHAREHOLDERS MONEY AROUND.