Thursday, March 12, 2009

Over-valued? New-build? Buy-To-Let? Mortgage Fraud? Who’d a thunk it? (How many more are there?)

Ipswich flats in £40 million fraud probe

NINE people have been arrested on suspicion of a £40million mortgage swindle believed to involve an Ipswich waterfront development. The suspects are currently on bail after being quizzed by police following raids on their homes. The alleged fraud is said to be part of an investigation into crooked mortgage deals, which could ultimately be worth hundreds of millions of pounds.

Posted by phil robinson @ 06:16 PM (672 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>