Banker dodged thousands in train fares through loophole

A banker avoided paying thousands of pounds in rail fares using a “sophisticated” loophole. Joseph Molloy, 53, used the “doughnutting” ticketing scam to dodge nearly £6,000 in fares while travelling ...

Wealthy banker is ‘banned from using railway after dodging nearly £6,000 in train fares to and from his £2m home’

A WEALTHY banker has been banned from using his local railway after he was caught dodging £6,000 in train fares, a report ...

What is 'doughnutting'? The train ticket scam that left banker with railway ban

As a banker is sentenced for dodging nearly £6,000 in tickets, we explain the 'sophisticated' train fare evasion practice.

Banker dodged £5,900 in London train fares 'doughnutting' fraud

Ex-HSBC banker dodged £5,900 in London train fares by using 'doughnutting' fraud - Joseph Molloy, a former HSBC executive, exploited the scam over 740 times in 11 months, saving a total of £5,911 on ...

Banker ‘with £2m home banned from using railway after dodging £6,000 in train fares’

Crooked Josph Molloy employed technique known as "doughnutting" to evade paying full fares on his daily commute.