A "sophisticated" fraudster who headed up a criminal gang has been jailed for seven years for defrauding high street banks out of almost £8m through multiple fraudulent mortgage applications.
Mohammed Asif Younas (pictured), 50, was sentenced at Southwark Crown Court to seven years' imprisonment for conspiracy to defraud and four-and-a-half years for conspiracy to money launder, to run concurrently, after pleading guilty to the charges. Younas operated under the alias Mahmood Ali and was director of bogus Essex-based firm Montague Mason Solicitors. He submitted false paperwork to Birmingham Midshires and Abbey banks in connection with 33 fraudulent mortgage applications in a two month period between October and December 2008. Gang members identified suitable properties ...
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