Money wasted: $329 million
A group of Halifax Bank of Scotland (HBOS) bankers, including former senior manager Lynden Scofield, were sentenced in February to a cumulative 47-and-a-half years in prison for scamming 245 million pounds from the bank and its customers. The money was used to buy superyachts, jewelry, tropical holidays, and arrange “sex parties.”
If you tried to explain a rotary phone to a kid who grew up with… Read More