Local News -Lie to Buy sentenced :P

StevieJ

lostinrates wrote: »

point a I agree with point b...not so much, I'm not saying you are wrong that this isn't large scale...I don't know...but not reaching court doesn't mean its not necessarily happening.

So you are suggesting that the authorities are singling out that person for special treatment and letting the rest off :eek:

lostinrates

StevieJ wrote: »

So you are suggesting that the authorities are singling out that person for special treatment and letting the rest off :eek:

Again, a bit of a leap in logic....could be true I suppose, but i sincerely doubt it!

It could be that hitherto for somereason these are being unreported, it could be that there simply isn't enough evidence. I think light could be shed on it by how this one was discovered. I don't know how self cert works, but maybe someone who does could shed some light on the flaws and how related fraud could be concealed for a period of time or reported after a successful execution of this process. It was obviously working for her somehow if she wasn't missing payments.

CHR15

How long do Self Certs last??

This was taken out in 2007, so we are two years down the line, about the same as the standard Fixed Rate Term.

Perhaps she had to reapply but come up against stricter investigations during the new application than 2yrs ago.

StevieJ

The problem is, I don't think that your average Joe would consider Lie to Buy as fraud, esp if they had not defaulted. In the US it is different they walk away from a loan but here a person remains liable for repayment (in theory).

dopester

StevieJ wrote: »

So you are suggesting that the authorities are singling out that person for special treatment and letting the rest off :eek:

A lot of fraudsters of all kinds get away with it - unfortunately. All kinds of reasons. Limited police resources, negative publicity, the expense instructing solicitors.

I'm not sure why this individual was targeted so heavily. For a single house it would surely be thought of as soft fraud, and she probably thought her liar-loan problem would be magicked in to insignificance through 10%+ annual HPI over just a few years.

“[The Lilliputians] look upon fraud as a greater Crime than Theft, and therefore seldom fail to punish it with Death; for they allege, that Care and Vigilance, with a very common Understanding, may preserve a Man's Goods from Thieves, but Honesty has no fence against superior Cunning; and since it is necessary that there should be a perpetual Intercourse of Buying and Selling, and dealing upon Credit, where Fraud is permitted and connived at, or has no Law to punish it, the honest Dealer is always undone, and the Knave gets the advantage.

I remember when I was once interceding with the King for a Criminal who had wronged his Master of a great Sum of Money, which he had received by Order, and ran away with; and happening to tell his Majesty, by way of Extenuation, that it was only a Breach of Trust; the Emperor thought it monstrous in me to offer, as a Defence, the greatest Aggravation of the Crime: and truly I had little to say in return, farther than the common Answer, that different Nations had different Customs; for, I confess, I was heartily ashamed.”

Jonathan Swift, Part VI, Gulliver’s Travels

Conrad

So whilst a bunch of Bank crooks get knighthoods for bringing the entire system down (whilst amateurs on HPC were writing threads on the comming credit crunch back in 2004), a lady that fiddled her mortgage gets a criminal record.

A Labour MP claims £120k pa of TP money for letting a room in her sisters house and gets a slpapped wrist.

We need a French style revolution to get rid of our elite feeding at bthe trough whilst ordinary people get jailed for failing a Tax return incorrectly.

pararct

Conrad wrote: »

Snipped
A Labour MP claims £120k pa of TP money for letting a room in her sisters house and gets a slpapped wrist.
.

I do not disagree with the rest of your comments oh how so true, and unless I missed it no one has made a comparison with Mandleson as yet......

Jacqui Smith did not even get a slapped wrist. The worst of it is they still think this sort of behaviour is acceptable.
Bring on the day we march the lot of them to the lamposts and string them up..........

macaque_2

I would have expected the discussion on this subject to have dwelt on the gravity of this offence. Funnily enough, many contributors seem to be more interested in finding out how this mortgage fraudster was caught. I'm confused. Why would people want to know that? Could it be that a little bit of Agatha Christie dwells in all of us? Or is there another reason?

In answer to people's questions, I suspect that this criminal was probably trapped by a routine audit of her mortgage application.

StevieJ

macaque wrote: »

I would have expected the discussion on this subject to have dwelt on the gravity of this offence. Funnily enough, many contributors seem to be more interested in finding out how this mortgage fraudster was caught. I'm confused. Why would people want to know that? Could it be that a little bit of Agatha Christie dwells in all of us? Or is there another reason?

In answer to people's questions, I suspect that this criminal was probably trapped by a routine audit of her mortgage application.

I suspect that most people don't think this was a criminal offence (prima facie) but should be civil at most.

silvercar

macaque wrote: »

I would have expected the discussion on this subject to have dwelt on the gravity of this offence. Funnily enough, many contributors seem to be more interested in finding out how this mortgage fraudster was caught. I'm confused. Why would people want to know that? Could it be that a little bit of Agatha Christie dwells in all of us? Or is there another reason?

Bearing in mind the current behaviour of the banks, this is almost a victimless crime.

In answer to people's questions, I suspect that this criminal was probably trapped by a routine audit of her mortgage application.

More likely the father was investigated and this came to light. An audit of mortgage applications wouldn't show anything up unless applicants are contacted regarding current employment or linked to tax records - neither of which currently happens.