Mortgage broker jailed for fraud

clock

A mortgage broker has been jailed for six and a half years after being found guilty of multiple mortgage frauds.

Tahir Malik, a broker from Slough, concealed his convictions and bankruptcy, made in his former name of Amjad Ali, in order to become an appointed representative of Mortgage Next. He pleaded guilty to obtaining services from Mortgage Next by deception in 2004 and two counts of fraud. Malik also admitted to eight other offences, several of which involved another man from Slough, Patrick Kamande, and one which also involved Kamande's wife, Mary Kimani. These offences concerned the purchase by Kamande of properties on mortgages brokered by Malik. Two of these were made under a fals...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Industry

PA Awards 2023: Winners' photo gallery from the night!

PA Awards 2023: Winners' photo gallery from the night!

The industry's best were celebrated in a glittering ceremony on 25 April

Professional Adviser
clock 28 April 2023 • 1 min read
Tilney Smith & Williamson sees gross inflows of £4.5bn in nine months

Tilney Smith & Williamson sees gross inflows of £4.5bn in nine months

AuM rises 9.2% to £56bn up to September

Pedro Goncalves
clock 01 November 2021 • 1 min read
Suspicious activity reports by staff at financial firms exceeded one million during 2019-20

Suspicious activity reports by staff at financial firms exceeded one million during 2019-20

FCA data

Georgie Lee
clock 01 November 2021 • 2 min read