The Mortgage Fraud Blog

November 2007

October 2007

• Bank and mortgage scam nets ID crooks thousands
  The Register - October 30, 2007

September 2007

• Nationwide B S sues large law firm for negligence over fraudulent property deal
  The Times - September 26, 2007

August 2007

• Met Police investigating mortgage fraud in SE London
  Mortgage Solutions - August 21, 2007

March 2007

• Senior police officer charged, allegedly deceived woman in sale of her house
  BBC website - March 7, 2007
• Portsmouth man given 12 months for mortgage fraud
  Portsmouth Today, March 1, 2007

December 2006

• Bolton man gets 32 months in mortgage fraud
  Manchester Evening News - December 20, 2006
• FSA fines Home and Country - inflated incomes on applications
  FSA Press Release - December 8, 2006

September 2006

• Swindler Wife given 30 months imprisonment
  The Cumberland News - September 29, 2006
• Purley woman faces jail after admitting money laundering scam
  IC South London - September 8, 2006

General Mortgage Fraud news from the UK

• Solicitor struck off - involved in mortgage fraud and $600k theft
  Beford Today, May 6, 2006
• The Times reports on the fall out from the BBC program mentioned below
• BBC reporters find evidence of malpractise amongst Estate Agents
  Good uncover reporter story
• UK man charged in relation to mortgage fraud on 450 properties he owned
  See also story on BBC site
• Tenant stole owners ID and refinanced property
  Bogus tenant steals over 200,000 pounds through refi
• Loan shark found hanged in cell
  Had alson been charged with Mortgage Fraud
• FSA comments on fraud in Self Cert Mortgages
• Woman convicted in brothels and mortgage fraud scam
• UK starts to seize assets of mortgage fraudster
• Office of Fair Trading Revokes Mortgage Lenders Licence
• English police to refocus on fraud investigation
• 'Mortgage Madness' - Income Self Certification
• More UK news about Income Verification
• CML replies to FSA about industry attitudes to Mortgage Fraud 
  UK version of MBA answers questions from UK Financial Services Regulators, ring any bells?
• Top 10 Fraud schemes in the UK - ring any bells?
• Man sold mothers house and spent proceeds
• 'Flash' McGarry and a £26m loans fraud
  Report on Commercial mortgage fraud
• Sheffield woman given suspended sentence for mortgage fraud
  Sheffield Today April 5, 2006
• Market Trader's house seized - lied about his income on application
  Sunday Mail - May 7, 2006
• "Mortgage Advisor" reported to Procurator-fiscal
  The Glasgow Evening Times, May 16th 2006

July 2006

• Daughter forges Dad's signature to obtain mortgages
  Lancashire Telegraph - July 25, 2006
• SFO conduct third set of searches and arrests
  This is Money - July 23, 2006
• TSB mortgage advisor suspended, investigation by fraud squad
  The Daily Record - July 7, 2006
• Seven years for bank manager in £1m fraud
  This is Bradford - July 5, 2006
• Swindler wife stole over $150,000
  News and Star, July 5, 2006
• SFO conduct more searches in commercial mortgage fraud case
  This is Money - July 2, 2006

Mortgage Fraud Schemes in the UK

• Fraudulent solicitor is struck off
  Deeds contained forges signatures
• Gangland members, drugs, money laundering and lying on mortgage application
• Man convicted in benefits and mortgage fraud scheme, must repay $3 million
  Occupancy scam in South London
• Two sentenced to prison, ordered to repay over $2 million 
  Part of the TI Clough Solicitors investigation
• 6 people found guilty in UK Mortgage Fraud
  UK National Fraud Prosecution Unit
• UK Police uncover £2 million ($3.5m) mortgage fraud'
  From Hampshire on the South Coast of England
• Realtor laundered Drug proceeds through Real Estate purchases
  Story from the south side of London
• Man convicted in drugs and mortgage fraud case
  Leicester is in the middle of England about 100 miles north of London
• Northern Ireland Realtor remanded on Money Laundering charges
• UK woman has ID stolen and $1 million home nearly sold whilst she lives in the US

People in Fraud Prevention

• Tony Thomas, well known in UK Fraud Prevention circles