Seven people have been sentenced for their parts in a multi-million pound mortgage fraud.
Alick Ute Kapikanya, 6/6/68, of Chatham Road, Stretford, Bruce Robertson, 18/5/62 and Irene Perciful, 27/6/63, both of Carter Close, Duxford, Cambridge, were found guilty of conspiracy to defraud following a 10-week trial at Manchester Crown Court, Crown Square.
Marshall Joseph, 11/1/58, of Hermitage Road, Hale, Peter Tanner, 16/7/59, of Brewery Road, Pampisford, Cambridge, Myra Trigg, 9/7/56, of Crondall Street, Moss Side, Manchester and Christopher Campbell, 9/10/1982, of Burlington Road, Ipswich, had previously pleaded guilty to conspiracy to defraud, fraud, and money laundering at earlier hearings.
At Manchester Crown Court today they were sentenced as follows:Â
In 2007 Kapikanya and Marshall Joseph were the masterminds behind a series of five different and yet linked conspiracies to defraud, which involved properties in Greater Manchester, Cheshire and Lincolnshire.
Working in tandem, the pair arranged for property titles to be transferred from real homeowners to themselves before they then secured a variety of loans against those properties.
Accompanied by Kapikanya, Tanner, Perciful and Trigg went to solicitors’ offices throughout the UK, posing as real homeowners. They provided fake passports and utility bills before signing over the properties to Joseph in order that he could then secure a number of loans against them.
The true owners of the properties knew nothing about this or the loans then secured on their homes. Campbell received money from these loans, knowing or suspecting that it was fraudulent.
Joseph and Kapikanya directly received more than Â£3 million from the fraudulently acquired loans. They attempted to raise a further Â£3 million against the properties but were unsuccessful.
In 2009 GMP’s Major Fraud Unit began a countrywide investigation into these complex matters which culminated in charges being authorised by the Crown Prosecution Service’s Complex Case Unit in late 2012, early 2013.
Detective Constable Craig Moylon, of GMP’s Major Fraud Unit, said: “Kapikanya used the funds he raised to gamble heavily at many of the most exclusive casinos in the country while driving very expensive cars and staying in the finest hotels, sometimes for months at a time.
“Amazingly he did all this while a registered bankrupt.
“This was a meticulously planned series of frauds which involved different people playing different parts all for a common purpose with no regard for the devastation they were to have on many innocent parties.
“The offenders carried out their actions with no regard for the lending organisations who lost hundreds of thousands of pounds or the innocent homeowners who aside from the traumatic experience of fearing they had lost their homes or were potentially liable for loans of hundreds of thousands of pounds were forced to instruct solicitors to have their homes put back in their name and the secured loans removed from their titles.”
Alick Ute Kapikanya