The role of civil recovery in assisting criminal investigationsJun 2011
In the first case, sentences of 7 and 13 years were handed down to Ian McGarry, a surveyor and Saghir Afzal, a property developer by the Southwark Crown Court on 14 June 2011 for their role in mortgage frauds worth a total of £49m. The scheme involved six counts of fraudulently obtaining mortgages from high profile financial institutions.
Six other individuals, including practicing solicitors, were implicated and charged in relation to the conspiracy but were acquitted after the prosecution decided to focus its investigations on McGarry and Afzal.
In the second case, police have arrested a man on suspicion of fraud of a man. The man claimed to have raised £500,000 for the well-known servicemen's charity Help for Heroes. However, the charity said he had failed to donate this money. (more…)Read More