Complex sentence: He recorded some of their telephone conversations with a small Sony tape recorder and played excerpts to any friends prepared to listen; he also told them--and his bank manager--that Lady Lucan had been "spending money like water".
Split into simpler sentences: He recorded some of their telephone conversations with a small Sony tape recorder and played excerpts to any friends prepared to listen. He also told them--and his bank manager--that Lady Lucan had been "spending money like water".