The FSA has banned mortgage adviser Mohammed Ahmed for submitting mortgage applications both for himself and his customers, which were supported by false payslips.
In an investigation by the regulator, it found Wakefield-based Ahmed submitted three applications containing false information about his personal and financial circumstances, in the form of false P60 forms and payslips. He also failed to disclose the true extent of his property holdings when applying for a mortgage and was knowingly concerned in the submission of false mortgage applications on behalf of eight customers while working for The Mortgage Exchange. Derick Whewall and Alan Hewitt, partners of The Mortgage Exchange, have already been banned by the FSA for failing to meet the stan...
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