TITLE

Mortgage broker admits £290k embezzlement

AUTHOR(S)
Smith, Andrew
PUB. DATE
July 2009
SOURCE
Money Marketing;7/9/2009, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the confession of mortgage broker Alexander Milne of the £290,000 embezzlement in Great Britain in 2009. Milne admitted that he had used the amount for personal expenses without legal consent of the original owners. However, there is no further explanation on the details of the fraud.
ACCESSION #
43459431

 

Related Articles

  • Adviser is jailed in £30 Ok fraud case. Smith, Andrew // Money Marketing;1/7/2010, p7 

    The article reports on the imprisonment of 55 year-old financial adviser Alexander Milne for two and a half years after admitting embezzlement charges of almost 300,000 pounds at Peterhead Sheriff Court in July 2009 in Banff, Scotland.

  • This week in...  // Mortgage Strategy;2/8/2010, p10 

    The article offers information on various events that took place in the mortgage industry in past few years including fraud investigation of 200 mortgage brokers by the Financial Services Authority, Great Britain in the year 2008, change in the name of the Royal Bank of Scotland to RBS...

  • Majority dismiss the threat of fraud.  // Mortgage Strategy;5/14/2012, p005 

    The article reports that 67 of mortgage brokers in Great Britain are not concerned about being targeted by fraudsters.

  • Brokers must be on guard against fraud. heron, john // Mortgage Strategy;5/14/2012, p012 

    The article deals with the need for mortgage brokers to be on guard against fraud as fraudulent mortgage applications rose by 8 percent in 2011.

  • Agents Caught in Fraud Schemes. Nemeroff, Evan // Origination News;Aug2011, Vol. 20 Issue 11, p15 

    The article reports on several title agents in Minnesota and Clark County Nevada who were caught because of their attempt to steal money from borrowers and financial institutions for their own benefit.

  • Fraud spectrum. Malone, John // Money Marketing;7/22/2010, p38 

    In this article the author encourages brokers and lenders to be aware on the risks and implications of mortgage fraud in Great Britain.

  • Firms that want success must go green. Cleary, Alan // Mortgage Strategy;5/21/2007, p36 

    The article presents an analysis of the mis-selling of solar products designed to reduce energy bills in Great Britain. The author states that there are complaints from people who have problems with the products which they bought from door-to-door salesmen. He adds that the consumers are...

  • Suspended sentence for pension fraud.  // Design Week (Online Edition);5/26/2011, p30 

    The article offers information regarding the admittance of the fraud charges by Mark Holland, former mortgage broker of Great Britain, at the country's Stoke Crown Court.

  • Understanding fraud and embezzlement. Russell, Ronald C.; Finerman, Scott // Ohio CPA Journal;Feb95, Vol. 54 Issue 1, p37 

    Presents basic facts on fraud and embezzlement. Types of fraud; Detection; Characteristics of high risk; Prevention.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics