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60 Lawyers Caught Up In Mortgage Fraud Crackdown

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http://business.timesonline.co.uk/tol/busi...icle3496102.ece

From Times OnlineMarch 6, 2008
60 lawyers caught up in mortgage fraud crackdown
The Solicitors Regulatory Authority has begun a series of investigations after receiving 293 complaints against lawyers in 2007
Michael Herman
The Solicitors Regulatory Authority (SRA), the body that regulates the legal profession in England and Wales, is investigating up to 60 lawyers on suspicion of
mortgage fraud
.

Gordon's entire HPI miracle is nothing more than a fraudulent ponzi scheme. The LR is riddles with false data and NR was the con of the century. Its a shambolical disaster from start to finish. How U-turn Ali can stand in front of the cameras today and say the housing market is fundamentally strong beggars belief.

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How U-turn Ali can stand in front of the cameras today and say the housing market is fundamentally strong beggars belief.

What else can the poor fool say? I wonder why he accepted the post.

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http://business.timesonline.co.uk/tol/busi...icle3496102.ece
From Times OnlineMarch 6, 2008
60 lawyers caught up in mortgage fraud crackdown
The Solicitors Regulatory Authority has begun a series of investigations after receiving 293 complaints against lawyers in 2007
Michael Herman
The Solicitors Regulatory Authority (SRA), the body that regulates the legal profession in England and Wales, is investigating up to 60 lawyers on suspicion of
mortgage fraud
.

Gordon's entire HPI miracle is nothing more than a fraudulent ponzi scheme. The LR is riddles with false data and NR was the con of the century. Its a shambolical disaster from start to finish. How U-turn Ali can stand in front of the cameras today and say the housing market is fundamentally strong beggars belief.

Naughty, naughty, very naughty.

Most of us are good honest folk though and dont get caught up in this sort of thing. For even slightly dodgy solicitors it just isnt worth the risk.

However there are always some bad apples.

The Law Society are amazingly strict on this sort of thing. I will read the Law Society Gazette with interest for the next few months. They list all the cases of discipline coming up before them, the result and punishment.

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Naughty, naughty, very naughty.

Most of us are good honest folk though and dont get caught up in this sort of thing. For even slightly dodgy solicitors it just isnt worth the risk.

However there are always some bad apples.

The Law Society are amazingly strict on this sort of thing. I will read the Law Society Gazette with interest for the next few months. They list all the cases of discipline coming up before them, the result and punishment.

I take it that you are one of the "brotherhood" of lawyers? I got out in 1991 having decided it was no longer a profession but a money making machine that was driven by nothing other than billable hours. I made the terrible mistake of venturing back into the profession a couple of years ago and was horrified as to how far ethics had collapsed compared with the pre-1991 days. I used to specialise in SIF cases and found corruption very much the exception than the rule.

Gordon's miracle has certainly brought out the worst in many people.

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I take it that you are one of the "brotherhood" of lawyers? I got out in 1991 having decided it was no longer a profession but a money making machine that was driven by nothing other than billable hours. I made the terrible mistake of venturing back into the profession a couple of years ago and was horrified as to how far ethics had collapsed compared with the pre-1991 days. I used to specialise in SIF cases and found corruption very much the exception than the rule.

Gordon's miracle has certainly brought out the worst in many people.

I wouldnt touch anything except private client and conveyancing work. I am not hard nosed enough. I want to offer a good, honest, value for money service to my clients. I do actually care about them (or most of them, some arent particularly likeable). There arent many of us around though. I would rather sweep streets than work in litigation, its a far more honest day's work!

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I used to specialise in SIF cases and found corruption very much the exception than the rule.

What's SIF?

Agree about your business point. That's 'almost' what law has become now. The Legal Services Act (non-lawyers owning law firms, multi-disciplinary partnerships, law firms on the stock-exchange, etc) is just going to make it far worse.

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I take it that you are one of the "brotherhood" of lawyers? I got out in 1991 having decided it was no longer a profession but a money making machine that was driven by nothing other than billable hours. I made the terrible mistake of venturing back into the profession a couple of years ago and was horrified as to how far ethics had collapsed compared with the pre-1991 days. I used to specialise in SIF cases and found corruption very much the exception than the rule.

Gordon's miracle has certainly brought out the worst in many people.

My (now ex solicitors) now charge £210 per hour.

For the love of god, its crazy.

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What's SIF?

Agree about your business point. That's 'almost' what law has become now. The Legal Services Act (non-lawyers owning law firms, multi-disciplinary partnerships, law firms on the stock-exchange, etc) is just going to make it far worse.

Solicitors Indemnity Fund--malpractice insurance claims vs. solicitors. The vast majority of claims were related to conveyancing and commercial property mistakes--missing time limits etc. I saw very little fraud "in my days" (1978-91).

I totally agree with the current trend and its damage to any sense of "professionalism" the legal business once had. Firms work you to death these days to the point that you give up on family life and vacations as time off is not worth the overload you face when returning to work to catch up. Hell--shere hell.

Greed has a firm grip on this country like it has never done before. And we are paying for it.

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  • 292 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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