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Bank Junction, a six-way intersection at the heart of London's booming financial district, is part of a trial safety scheme where strict restrictions have been imposed.
All vehicles except for buses and bikes are banned from driving through the area on weekdays between 7am and 7pm.
But a Freedom of Information Request by the Daily Mail has found that thousands of daring drivers have been caught breaking the rules, with their misfortune generating millions in expensive fines in just four months.
Just one fine is £130, or £65 if paid within 14 days - meaning the total cost of the fine charges is £6,913,205.
But drivers claim they are unaware of the restrictions - and shockingly, one bungling motorist managed to receive over ten fines.
A spokesman for the City of London Corporation defended the policy, noting that the area has a "high collision and casualty record that requires critical improvements." They said: "Our number one priority for the experimental scheme at Bank Junction is to improve safety. "We have made every effort to inform the public of the traffic restrictions." The scheme was introduced after a young cyclist was run over and killed at the junction in 2015.