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News - Financial crime

Del Boy wannabe in £1m mortgage scam

Mortgage Solutions | 14 Feb 2012 | 16:37

Mortgage Solutions

A conman who called himself Del Boy and ran a £1m mortgage scam from a lock-up garage pleaded guilty at Hull Crown Court to two charges of obtaining £231,000 by deception.

del-boy-fraudster-pic

David Hood (pictured) from Goole in East Yorkshire, even signed his name Del Boy on fake mortgage applications, traded in second-hand goods and managed a burger van as a cover for his illegal schemes, according to The Daily Mail.

Hood recommended customers to mortgage adviser Anthony Gott for a commission. Despite being jailed for in 1990 for obtaining a mortgage by deception, Hood took out two false mortgages in 2003 and 2006 on his own home.

However, Hood and his girlfriend, Tina Lacy, of Hemmingbrough both pleaded guilty to charges of obtaining money transfers by deception when the fraud was uncovered after their mortgage adviser partner was investigated after his bankruptcy.

Mortgage adviser Anthony Gott, 46, who employed 25 people at one time, helped Gott operate the fraud from his offices near Goole, hiding vital financial papers in a council lock-up.

Judge James Sampson gave Gott a two-year suspended prison sentence. Hood and his girlfriend, who now runs a pub in Howden, were given 18-month suspended prison sentences and 300 hours community punishment.

Judge Sampson told Hood: "You were near the heart of this."

The Judge told Gott: "It was dishonesty and greedy behaviour on your part, which took advantage of the greed of lenders.

"What the people who have signed your character references should realise is, you are a thoroughly dishonest man."

 

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Categories: Financial Crime
Topics: Mortgage fraud | Fraud
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