Wealthy HSBC banker is banned from the City for dodging £5,900 in train fares after using 'doughnutting' ticket scam on commutes from £2m home
- Posted on October 2, 2026
- By Daily Mail
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- 1 min read
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Wealthy HSBC banker is banned from the City for dodging £5,900 in train fares after using 'doughnutting' ticket scam on commutes from £2m home
The Financial Conduct Authority said it barred Joseph Molloy from working in any regulated financial services role because his fraud conviction 'shows he lacks honesty and integrity'.