Monzo created bank accounts for people claiming to live in 10 Downing Street

Some customers gave their address as Downing Street and Buckingham Palace (Credits: Getty Images)Monzo handed out bank accounts to new customers claiming to live in 10 Downing Street and even Buckingham Palace.The digital bank has been fined £21million by the Financial Conduct Authority (FCA)for failing to enforce strict anti-financial crime measures.The FCA investigation found that Monzo had no means to verifycustomer’s addresses no matter how ‘implausable’ they were. O