A MILL Hill man is among four people sentenced for their part in a £3m mortgage fraud scam yesterday.
Felix Taggert, of Tythe Close, was jailed for 12 months after being found guilty of obtaining money transfer by deception and fraud in January at Luton Crown Court.
Accountant Taggert worked with brothers Daud and Dele Macaulay, a registered broker, to lie about the incomes of mortgage applicants to buy homes for them to rent out.
The 49-year-old also lied about his income in order to get a mortgage for £300,000 for his home in Mill Hill.
The Macaulays pleaded guilty to obtaining £2m by deception in October and Dele was handed a 21 month sentence while Daud was jailed for 15 months.
Mabel Barnes, 29, of Walthamstow was handed a six month suspended sentence for obtaining a mortgage on a house by deception along with the three men.
Detective Inspector Paul Watts, of the Stevenage Money Laundering team, said: “This has been a complex and detailed investigation and I am delighted it has reached a successful conclusion.
“These four people all played their part in this large scale mortgage fraud and acted dishonestly for their own selfish gains.
“Dele Macaulay broke the position of trust he held as a registered mortgage broker and I am pleased that he has been banned from practising.
The Macaulays may also face having their assets seized by police under the Proceeds of Crime Act.
http://www.times-series.co.uk/news/5039795.Accountant_jailed_for_part_in_mortgage_fraud_scam/