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UK Man Receives Six-Year Jail Term Over £478k Property Fraud

A report in the Express & Star confirmed Mark Lewis, 50, told investors he would invest their cash in properties which required renovation and would be sold on at a profit but only one property was bought. While on police bail for the property investment fraud Lewis began a second con based on solar panels. […]

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Billionaire From Iran Executed for Role in $2.6B Bank Fraud Scheme

Mahafarid Amir Khosravi, aka Amir Mansour Aria, has been put to death after Iran’s Supreme Court upheld his death sentence for bank fraud. The defendant was convicted for his role in a $2.6 billion scam in Iran, allegedly the biggest bank fraud case in Iran since 1979. According to media reports, Khosravi and his conspirators […]

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UK Conman Jailed for Mortgage Scam

A CONMAN who convinced his close friends to remortgage their homes to fund his lavish lifestyle has been jailed. Rienzie ‘Joe’ Silva, 72, tricked elderly investors out of their life savings through a fraud which lasted nearly 20 years. The mortgage broker convinced close friends to take out new home loans and put the cash […]

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Six in Scotland Face £3m Mortgage Fraud Trial

Edwin McLaren, 49, Lorraine McLaren. 48, both of Quarriers Village, Renfrewshire, Arthur Horsey, 72, from Renfrew, John Horsey, 46, and Morag Horsey, 49, both from Haddington, East Lothian and Lorraine McKenzie, 41, from Bothwell, Lanarkshire, are alleged to have concealed, disguised and transferred criminal property between April 1, 2008 and November 17, 2012. It is […]

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Two UK Men Jailed for Mortgage Fraud

Two men from Greater Manchester have been sentenced for their part in a multi-million pound mortgage fraud. Alick Ute Kapikanya, 45, from Stretford and Marshall Joseph, 56, from Hale were the masterminds behind a series of five conspiracies to defraud, which involved properties in Greater Manchester, Cheshire and Lincolnshire. The pair arranged for property titles […]

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UK Trio Accused of Mortgage Fraud

THREE Bedford men are due to stand trial accused of mortgage fraud. Romi Anwar, 35, Mohammed Anwar, 58, and Nisar Hussain, 57, pleaded not guilty today (April 16) at Luton Crown Court to a charge of conspiracy to commit fraud. The charge relates to a period between March 1 2007 and July 28 2010 when […]

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