Mum scammed family out of £500,000 to feed 'money addiction'

Annabelle Allan secretly scammed friends and family out of £500,000 to feed her ‘money addiction’ To her friends and family, Annabelle Allan was a hard-working mum with a good job at Lloyds Bank. But in reality, the 29-year-old had been scamming them out of £500,000 to fund the vicious cycle of debt she got herself into after taking out a payday loan when she was 18.

Her lawyer, Gurdit Singh, said that her debts resulting from the payday loan she took out 11 years ago steadily increased and became unmanageable. She became desperate and isolated when she was unable to make the minimum payments so turned to fraud. Mr Singh added: ‘It is a peculiar case in the sense that many of her victims have also provided character references in respect of this young woman.’ Lloyds has reimbursed some victims, but there is still nearly £170,000 that is unaccounted for.

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Police want to speak to these men after wallet stolen and £7k loans taken outThe victim’s bank card was also used for a takeaway and £500 Tesco splurge
Source: MENnewsdesk - 🏆 23. / 69 Read more »

Family firm threatens UFC Gym with court action over job paymentThey have not been paid more than £500 for a job they cmompleted in March
Source: nottslive - 🏆 96. / 52 Read more »

'I found a shop selling a large £1,000 garden set for less than £500'Wowcher has slashed an eight-seater garden furniture set by £500 for a limited time
Source: MENnewsdesk - 🏆 23. / 69 Read more »

Owners of two million cats given £500 fine warning as new law beginsFrom Monday, all cats in England must be microchipped, or owners face a £500 fine
Source: nottslive - 🏆 96. / 52 Read more »

Cost of living payment alert as millions allocated for payments across the UK'In the Spring Budget the Government announced it is providing an additional £500 million'
Source: LiveLancs - 🏆 10. / 87 Read more »

Seven key money changes in June including Universal Credit rise and £500 fineHere we break down all the money changes taking place throughout the month of June and the key dates to look out for
Source: LiveLancs - 🏆 10. / 87 Read more »