Investment Banker Avoids Losing Job Over Fare Evasion Allegation

TfL v Y: TfL alleged that the client had evaded the fare to and from work every day for several months. The client worked for a large investment bank, and his employment contract included a provision that he was likely to lose his job if he were convicted of any offence. Despite the long period of time over which the evasion had occurred, and the high value involved, the prosecution were persuaded by written representations prepared by the client’s barrister to drop the criminal case. The client repaid the fare evaded, and purchased a season ticket to avoid the risk of further evasion in the future.