Mortgage fraudster faces prison for £650k theft

Benjamin Cornelius was alleged to have entered "fraudulent transactions" during the purchase of eight properties when he worked at Swansea-based law firm W. Parry & Co. He has denied eight charges of fraud and eight of transferring criminal property. According to the prosecutor, Cornelius had provided applicants "with funds to purchase the properties". The prosecutor said: “This amounts to a conflict of interest. A solicitor cannot act when he has a personal interest and then act professionally in the related conveyancy procedures.” The judge ruled that Cornelius had acted "dish...