Mortgage broker and estate agent admit £1m BTL scam

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Three men, including a financial adviser and an estate agent, have confessed their involvement in a buy-to-let property scam worth more than £1m.

Mark Lenton Jopson (pictured), who ran Lancashire-based Mark Jopson Financial Services, and estate agent Raymond Abramson both admitted conning investors from Ireland into purchasing around 21 homes in Burnley and Pendle, reported the Lancashire Telegraph. The third accomplice was John Edwards, an associate of both Jopson and Abramson. According to the FSA register, Mark Jopson Financial Services was, for a short period late in 2005, an appointed representative of now-defunct mortgage and general insurance network Prestbury Financial. Prosecutor Andrew Nuttall QC told Manchester C...

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