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Eight People Arrested in alleged Mortgage Fraud?
thriftybabe
Posts: 689 Forumite
8 people arrested! Wonder if any of them Fred Goodwin?
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Comments
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http://news.sky.com/skynews/Home/Business/Eight-Arrested-Over-40m-Mortgage-Fraud-Say-City-Of-London-Police/Article/200903215238269?lpos=Business_First_Home_Article_Teaser_Region_0&lid=ARTICLE_15238269_Eight_Arrested_Over_%3F40m_Mortgage_Fraud_Say_City_Of_London_Police
"The inquiry centred on Eastbourne Financial Services Ltd, a mortgage broker based in East Sussex"0 -
The funny thing is this will take 3 years to get to court as in similar cases.0
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Lets hope its the first of many, I'm pretty sure loads of fraud has been going on.0
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0 people arrested in Bank Fraud costing taxpayers billions..Not Again0
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very true and classic1984ReturnsForReal wrote: »0 people arrested in Bank Fraud costing taxpayers billions..0 -
I am sure we will see many more of these cases0
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The whole mortgage business is rotten to the core. No wonder house prices were artificially inflated for many yearsKrusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
ad44downey wrote: »The whole mortgage business is rotten to the core. No wonder house prices were artificially inflated for many years
:rotfl: Just because you don't earn enough to buy a house you think the whole industry is rotton to the core. Classic.0 -
It's gone up to 9 people arrested now, according to the BBC:
http://news.bbc.co.uk/1/hi/business/7934590.stm
I bet quite a few mortgage brokers are quaking in their boots at the moment....0 -
1984ReturnsForReal wrote: »0 people arrested in Bank Fraud costing taxpayers billions..
Nice one! You have made my afternoon!0
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