Mortgage Fraud: How People REALLY Get Caught | Is That Legal? скачать в хорошем качестве

Mortgage Fraud: How People REALLY Get Caught | Is That Legal?

Buying a home is stressful enough… but what happens when people start bending the rules to get a mortgage? In this episode of Is That Legal?, solicitor Paul Britton sits down with mortgage expert Jonathan Smith to break down the wild world of mortgage fraud. We cover: • How people actually get caught committing mortgage fraud • The tricks fraudsters use (fake jobs, fake payslips, fake bank statements) • What lenders look for behind the scenes • The legal consequences — including prison • CIFAS markers, tip‑off offences, and event‑of‑default rules • Why some people feel pushed into fraud out of desperation • How AI is changing both fraud and fraud detection • Real high‑profile cases (including The Apprentice & Tommy Robinson) Whether you're buying a home, self‑employed, or just curious how people get caught, this episode pulls back the curtain on a side of the mortgage world most people never see. Chapters 00:00:00 - Introduction 00:04:13 – What Is Mortgage Fraud? 00:05:06 – “Rounding Up” Income: Innocent or Fraud? 00:09:23 – Fake Documents & Fraudsters for Hire 00:11:31 – The Barber Shop Story (Catching a Fraudster) 00:13:16 – How Brokers Handle Suspected Fraud 00:16:40 – Cash Income, Tax Evasion & Tradesmen 00:17:25 – Sponsor Break: Oliver Lauren Studios 00:17:57 – Does Inflating Income Get You a Better Rate? 00:20:06 – Are Fraudsters Criminals or Desperate Buyers? 00:24:24 – Why People Rationalise Defrauding Banks 00:27:27 – Rent vs Mortgage Affordability Debate 00:28:46 – Crime & Punishment 00:30:00 – Staying Within Your Means & Getting Proper Advice 00:30:22 – How AI Is Changing Mortgage Fraud 00:32:08 – CIFAS Markers & Fraud Flags 00:32:42 – Removing CIFAS Markers & Credit File Issues 00:33:11 – High‑Profile Mortgage Fraud Cases 00:35:29 – Viewer Question: Self‑Employed Borrowers Is That Legal? is the podcast where solicitor Paul Britton breaks down real‑world legal issues in a way that’s clear, practical, and sometimes unbelievable. 📩 Work With Jonathan Springate Mortgages: www.springate-mortgages.co.uk Don't forget to like, subscribe, and drop your questions in the comments — your support helps us keep making episodes like this.