58 year old Nicholas Pomroy was jailed for his part in a £30m scam, which saw victims lose their homes and Reading-based Wilmett Solicitors go bust, with the loss of 70 jobs.
It was revealed that Pomroy processed false mortgage applications in the scam. The gang, which included an airline pilot and a lawyer, plotted to rake in more than £30m by taking out several fake mortgages on strangers’ homes.
Virgin Airways pilot Mark Entwistle was the ringleader in the fraud, the 47-year-old worked with solicitor Jonathan Gilbert of Penarth, South Glamorgan, to obtain illegal mortgages on a number of properties and sites between 2005 and 2009, the jury heard.
Mortgage brokers Pomroy and Matthew Robinson, aged 42, from Richmond-on-Thames, Surrey, processed the false applications.
When the mortgages were approved, Gilbert did not tell the Land Registry about other mortgages on the property, tricking lenders into thinking they had more legal rights and collateral than they did.
Pomroy was jailed for three years while Entwistle was jailed for 14 years.
Southwark Crown Court by macspite is licenced and edited under creative commons