UK: London police arrest 8 in £400m mortgage fraud

It’s a pity they always wait until after the boom has ended to act on mortgage fraud, these schemes have been known about for at leats 5 years.

They should have operated here, then they’d be safe from arrest and prosecution.

Quality journalism that. They added a 0. … FX20090310

Sorry, GB, I changed the title of the thread to £400 from you initial £40 based on the headline of the story. I’ve now changed it back to the correct (who knows!?) amount of £40…