In recent weeks, the HBOS Reading bank fraud has been in the news, where the bankers involved were sentenced to long prison terms for defrauding customers and destroying their businesses and lives. You might be less aware that legal action on this case is still ongoing, as the board of HBOS is now in the frame, with allegations that they knew about the fraud and did not act.
There has also been media coverage of the mis-selling of financial products to SMEs, leading again to the destruction of businesses and lives. This too is the subject of litigation.
Three of the protagonists on the SME side will be at Cranfield on 31 May to talk about what happened and what is happening in an event hosted by Ruth Bender, Professor of Corporate Financial Strategy.
Programme & speakers
Nikki Turner and her husband lost over £11m and 13 years of their life, but in the end they exposed the HBOS Reading fraud that had destroyed so many small businesses.
Clive May, aka ‘Clive the Builder’, was a victim of the Royal Bank of Scotland mis-selling, which is still underway.
Nick Gould is a City lawyer who is passionate about helping SMEs. He is currently the chairman of SME Alliance which was set up to deal with some of these problems.
Location & travel details
The Vincent Building (52a), Cranfield Campus.
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Who should attend
This event is open to Cranfield University alumni and will also be live streamed via social media. Details to be confirmed in due course.
Cost & concessions
Free of charge.
You will need to register for this event using the button at the top of this page.