@contradevian Posted August 9, 2013 Share Posted August 9, 2013 Rentiers in Court.. http://www.examiner.co.uk/news/west-yorkshire-news/milnsbridge-woman-accused-mortgage-fraud-5682976 They are both similarly charged with obtaining a money transfer, by deception, namely £424,950 from the Halifax, on or about February 10, 2005 in relation to a house in Holwood, Keston, Kent.Gledhill and Wayne Stubbs are also charged with acquiring or possessing criminal property between June 1, 2006 and May 31, 2008, namely rental income from the Keston property. Wayne and Wendy Stubbs are both charged with obtaining a money transfer, by deception, namely £1,200,399 from Intelligent Finance, £300,000 from the Cheltenham and Gloucester and attempting to obtain £237,500 from Independent Finance. Quote Link to comment Share on other sites More sharing options...
dangermaus Posted August 9, 2013 Share Posted August 9, 2013 How does one commit mortgage fraud? Cuz it seems pretty easy and if it's just the banks that get hurt I would quite happily nick a few mill and move somewhere sunny. Seriously, someone fill me in. Quote Link to comment Share on other sites More sharing options...
Lord D'arcy Pew Posted August 9, 2013 Share Posted August 9, 2013 (edited) There must be thousands of liar loan applicants that obtained a money transfer by deception, and are in possession of a criminal property. How much space do we have in our prisons? Perhaps I should take out a massive loan, buy a prison, and get the Government to pay per inmate. Edited August 9, 2013 by Lord D'arcy Pew Quote Link to comment Share on other sites More sharing options...
eric pebble Posted August 9, 2013 Share Posted August 9, 2013 There must be thousands of liar loan applicants that obtained a money transfer by deception, and are in possession of a criminal property. How much space do we have in our prisons? Perhaps I should take out a massive loan, buy a prison, and get the Government to pay per inmate. Quote Link to comment Share on other sites More sharing options...
Monkey Posted August 10, 2013 Share Posted August 10, 2013 So correct me if i am wrong, but the main reason they are gettinv banged up is basically lieing about their income on what i suspect to be a self cert mortgage.....if so it could get messey Quote Link to comment Share on other sites More sharing options...
BlueRat Posted September 23, 2014 Share Posted September 23, 2014 3 million now! Eric! http://www.dailymail.co.uk/news/article-2765397/Property-trader-masterminded-3million-mortgage-fraud-help-benefits-claiming-mother-sales-assistant-girlfriend.html Property trader 'masterminded £3million mortgage fraud with help of his benefits-claiming mother and sales assistant girlfriend' Property trader Wayne Stubbs accused of masterminding £3m mortgage fraud with help of mother and girlfriend Wayne Stubbs, Wendy Stubbs, and Rachel Gledhill, overstated incomes in applications for luxury properties, court told Wayne Stubbs claimed to be high-earning ‘unit trust dealer’ but appeared not to have paid any tax or National Insurance since 1995, court heard The trio deny charges against them and are on trial at London's Old Bailey Quote Link to comment Share on other sites More sharing options...
olliegog Posted September 23, 2014 Share Posted September 23, 2014 I am shocked that a sales assistant at Harvey Nicks earns 38K Quote Link to comment Share on other sites More sharing options...
TeddyBear Posted September 24, 2014 Share Posted September 24, 2014 Intriguing as to why these people have been taken to court when there are thousands more who took out "liar loans" who are ignored. I suppose it's something to do with tax fraud being involved. ‘They then bought properties on the back of those lies and received a steady income by renting out these properties to paying tenants, income which was never declared and which amounts to the proceeds of criminal conduct.’ Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 24, 2014 Share Posted September 24, 2014 Dark light Living dead Guest host (also: Permanent guest host) Little while Crazy wisdom Mournful optimist Violent relaxation Microsoft Works and now Intelligent Finance to add to our list of Oxymorons. Quote Link to comment Share on other sites More sharing options...
pipllman Posted September 24, 2014 Share Posted September 24, 2014 were they making the repayments? Quote Link to comment Share on other sites More sharing options...
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