Loan scam bankers blew cash on foreign travel and sex parties

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Bankers who orchestrated a £245m loans scam entertained themselves with ‘luxurious foreign travel’, ‘lavish spending’, and ‘sex parties’, a court heard today (weds). Consultant David Mills, 60, was allegedly involved in a ‘corrupt relationship’ with HBOS banker Lynden Scourfield, 54, who has been described as a ‘Danny Devito lookalike’. Mills and five others are accused of being involved in the alleged scam which saw companies plunge into deep debt between 2003 and 2007. Former banker and venture capitalist Mills is…

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