Adviser and clients jailed for mortgage fraud

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An IFA has been jailed for five and a half years for helping clients secure mortgages fraudulently.

Adviser Mark Campbell helped property developer Michael Browne and his business partner David Vincent Smith obtain fraudulent mortgage applications by faking and inflating the men's incomes. The trio were sentenced at Birmingham Crown Court yesterday. Browne received three years in prison but the term will be reduced after time already spent in custody and his guilty plea. The court heard how Campbell obtained mortgages for Browne and his family and associates with a ‘no questions asked' attitude, allowing the tycoon to build up a substantial portfolio of property across the city, inc...

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