Seven people in court over alleged mortgage fraud (From News Shopper)

Seven people in court over alleged mortgage fraud

2:38pm Monday 1st September 2008

• Print
• Email
• Share

SEVEN people have appeared in court on charges relating to a mortgage fraud investigation.

The men appeared at Westminster Magistrates' Court on August 22.

It is alleged in May and November 2006, a company bought 84 off-plan new build flats in Thamesmead, and resold them at inflated prices.

Mohamed Barrie, aged 38, of Pinewood Place, Dartford, has been charged with conspiracy to defraud, conspiracy to money launder and money laundering.

Muctaru Barrie, from Canada, has been charged with acquiring criminal property.

Brad Fisher and George Sourou, both from IIford, Sofiyah Ahmed, of Walthamstow, Stuart Joseph, of Pinner, and Dean Dairo, of Essex, have all been charged with conspiracy to defraud.

Fisher has also been charged with two counts of money laundering, Sourou is charged with five counts of money laundering and Joseph and Dairo have also been charged with false accounting.

They have all been bailed to appear at Southwark Crown Court on October 24.

Two other men remain on bail in connection with the allegations.

• Print
• Email
• Share