Thursday, March 6, 2008

Mortgage fraud complaints sparks investigation

60 lawyers caught up in mortgage fraud crackdown

"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. The crackdown comes after the regulator saw a substantial rise in the number of reports concerning specific solicitors suspected of mortgage fraud. Last year the SRA received 293 such reports, up from 85 in 2004." I hope this puts an end to the false valuation scams that speculators have been getting away with for so long.

Posted by an bearin bui @ 05:23 PM (334 views)
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