Guess who paid for the banker’s yachts and sex parties?

The incredible sex party lifestyle of the corrupt HBOS fraudsters facing jail was bankrolled by the taxpayer – and only a small fraction of the £245milion lost will ever be recovered.

Banker Lynden Scourfield, 54, a portly ‘Danny DeVito lookalike, forced struggling clients to use the services of his friend David Mills, 60.

Mill charged exorbitant ‘consultancy’ fees and expenses while running companies into the ground.

Scourfield’s rewards included lavish gifts, hospitality, and romps with high-class hookers – he even kept a stash of viagra in a rented flat to fuel his orgies with porn star Suzie Best.

The 54-year-old liked the escorts to dress in suspenders, but they were repulsed by his flabby body and premature ejaculations.

He authorised eye-watering loans to high-risk clients from his HBOS office in Reading, regardless of their ability to repay, and ordered them to engage with Mills’ bogus company Quayside Corporate Services (QCS).

The QCS ‘consultants’ – Mills, his wife Alison, 52, Michael Bancroft, 73, and John Cartwright, 72 – creamed off millions to fund the purchase of property across Europe, birthday bashes in Thailand and Barbados, trips to Ascot, and a yacht.

When the firms went into administration, Mills seized what assets were left and transferred them to his sham companies The Sandstone Organisation and Knightingale Investments.

HBOS had to write off £245million from Scourfield’s toxic loan book after the rogue banker’s flagrant scam between 2003-2007.

The bank, once the UK’s biggest mortgage lender, suffered a devastating collapse during the 2008 credit crunch – and taxpayers were left to foot the £20.5billion bill.

Investigators have scoured the globe in an attempt to claw back the cash – but they believe the crooks have salted away fortunes which will be waiting for them in secret investments when they are released.

The loans scandal came to light after a six year investigation dubbed Operation Hornet, the biggest in Thames Valley Police’s history.

Southwark Crown Court heard the probe uncovered evidence of ‘huge rewards’ provided by Mills to Scourfield to ‘effect his corruption’.

Prosecutor Brian O’Neill said: ‘This took the form of money transfers, birthday parties in Barbados and Thailand, expensive gifts, use of an American Express card for personal spending, unauthorised and inappropriately lavish hospitality, luxurious foreign travel and sexual encounters with high class escorts.’

Scourfield admitted conspiracy to corrupt, money laundering and four counts of fraudulent trading last August and is currently behind bars.

Mills, his wife Alison Mills, 51, fellow consultant Michael Bancroft, 73, and HBOS banker Mark Dobson, 56, convicted with him of offences including conspiracy to corrupt, fraudulent trading and conspiracy to conceal criminal property after a four-and-a-half month trial.

Accountant John Cartwright, 72, was also found guilty of conspiracy to conceal criminal property.

The six are due to be sentenced following a two day hearing at Southwark Crown Court.

Accountant Jonathan Cohen, 57, was cleared of involvement in the conspiracy.

Mills, of (Todenham House), Todenham, Moreton-in-the-Marsh, Gloucestershire, was found guilty of one count of conspiracy to corrupt, four counts of fraudulent trading and one count of conspiracy to conceal criminal property.

Dobson, of (15) Brayfield Terrace, Barnsbury, north London, was found guilty of one count of conspiracy to corrupt and one of conspiracy to conceal criminal property.

Bancroft, of Ilmington, Shipston-on-Stour, Warwickshire, was found guilty of one count of conspiracy to corrupt, three counts of fraudulent trading and one count of conspiracy to conceal criminal property.

Alison Mills, of (Todenham House), Todenham, Moreton-in-Marsh, Gloucestershire, was cleared of one count of fraudulent trading but found guilty of one count of conspiracy to conceal criminal property.

Cartwright, of Knott Lane, Hyde, Cheshire, was cleared of one count of fraudulent trading but found guilty of one count of conspiracy to conceal criminal property.

Cohen, of (10 Dovecot Close), Pinner, Middlesex, was cleared of one count of fraudulent trading and one count of conspiracy to conceal criminal property.

The sentencing hearing continues.