Help: Mortgage broker fraud, his accountants office turns out to be sex shop!

FraudBuster

A person who is guilty of fraud is liable—
(a)on summary conviction, to imprisonment for a term not exceeding 12 months or to a fine not exceeding the statutory maximum (or to both);
(b)on conviction on indictment, to imprisonment for a term not exceeding 10 years or to a fine (or to both).

http://www.legislation.gov.uk/ukpga/2006/35/crossheading/fraud

javir

I think some people are getting a bit confused, probably because of the way ive laid out the question.

The 'forged accounts' were documents this broker sent to Commercial First, written up by the Brokers accountants laying out the charges for his services i.e. £18,500.

When i went to the offices of these 'accountants' it was the premises of a sex shop, who had been there for the last 18 years, the Accountants did not exist.

During court proceedings commercial first denied all knowledge of this Broker, however there is a letter which my father received from Commercial First in which they not only mention the Broker by name but also lay out an account of how much money will be left over after this Broker is paid.

Is it not suspicious where a company suddenly decides they have never heard of a person once he is exposed in court, why are they changing their story all of a sudden.

Also its not that the fee stated was extraordinarily large, but it was taken by deception.

And to 'Dunstonh', thank you for your polite answers and question. Sorry yes he claimed to be a mortgage broker.

And my dad signed the papers like that because he trusted this person, in hindsight it was a mistake, not an attempt at fraud, this 'broker' took advantage of a person in need of financial as

javir

*assistance

Thrugelmir

Unfortunately in the second line of your opening post. You gave the game away.

at the time he was desperate for money

Fully understandable that your father would do whatever was necessary to arrange the finance. While the fee was large, it was recompense for the sourcing the money that your father would have struggled to source elsewhere.

While you don't know what your father was thinking. He clearly did know what he was doing. As clearly there would have a been a conversation prior to signing a blank piece of paper.

opinions4u

javir wrote: »

I think some people are getting a bit confused, probably because of the way ive laid out the question.

The 'forged accounts' were documents this broker sent to Commercial First, written up by the Brokers accountants laying out the charges for his services i.e. £18,500.

When i went to the offices of these 'accountants' it was the premises of a sex shop, who had been there for the last 18 years, the Accountants did not exist.

During court proceedings commercial first denied all knowledge of this Broker, however there is a letter which my father received from Commercial First in which they not only mention the Broker by name but also lay out an account of how much money will be left over after this Broker is paid.

Is it not suspicious where a company suddenly decides they have never heard of a person once he is exposed in court, why are they changing their story all of a sudden.

Also its not that the fee stated was extraordinarily large, but it was taken by deception.

And to 'Dunstonh', thank you for your polite answers and question. Sorry yes he claimed to be a mortgage broker.

And my dad signed the papers like that because he trusted this person, in hindsight it was a mistake, not an attempt at fraud, this 'broker' took advantage of a person in need of financial as

Please will you answer one question. It's been asked already but you haven't dealt with it.

If your Dad had not been able to obtain this remortgage, would the property have been repossessed anyway?

shimano

The broker/IFA whatever he is surely is the one who has committed fraud (specifically forged signature)

The OP's father surely at worse has been very naive?

_Andy_

I'm not disputing the broker/IFA was fraudulent - the OP however seems to think the father was completely innocent.

GMS

shimano wrote: »

The broker/IFA whatever he is surely is the one who has committed fraud (specifically forged signature)

The OP's father surely at worse has been very naive?

Which signature was forged?

OP said her father signed a blank piece of paper. This will never stand up in court as there is no way to prove this. Simply his word against the 'adviser'.

Anybody who signs a blank document is complicit to the plan. Why would you sign a blank document?

OP does your father sign blank cheques when paying bills?

Obviously we do not know what happened so cannot say for sure but being naive is one thing, being desperate is another.

As stated several times your father appears to be in no worse a position than before.

Would the property have been repossessed by the previous lender? Did the Commercial First deal merely delay the inevitable?

Conrad

There is no compensation due here in law from anyone I'm afraid.

RecoveringAlcoholic

I like this thread.



Money, sex, crooked accountants and brokers, forgery, fraud.........................



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