Banker loses job over commuting fraud

A city banker who spent two years commuting to work using a photocopy of a train season ticket has lost his job after pleading guilty to the £8,000 fraud.

The Telegraph reports that Simon King, 47, travelled from his home in Hassocks, West Sussex, to London Bridge station between May 2013 and April 2015, using the crude forgery, before admitting to the fraud after being told by a member of the London station’s platform staff to insert his ticket into the electronic barriers.

Westminster Magistrates’ Court heard that the father of three had twice been given an interest free loan of around £4,000 by his employer, Citigroup, which he used to purchase an annual season ticket, known as a gold card.

However, on each occasion the banker photocopied the tickets before returning them to Southern Railway, and claiming a refund. 

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City banker loses job after admitting £8,000 fare-dodging scam

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