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.
Among the victims were Lewis’s uncle and nephew who lost £100,000 between them.
Lewis had been a partner in a mortgage advice firm before leaving to set up on his own after which he began his illegal activity.
He pleaded guilty in Stafford Crown Court to 16 charges of defrauding £478,000 between May 2008 and September 2012.
He was sentenced to six years and five months in jail this week.

Compiled by Mortgage Fraud Consultants – Chip Cummings is a best-selling author and nationally recognized expert in the area of mortgage fraud. He provides mortgage fraud expert witness services and litigation support to attorneys and financial institutions worldwide. He can be reached at (866) 977-7900

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