"The sentences imposed reflect the seriousness of offending," says SFO
"Such fraud undermines lenders' confidence in borrowers in the mortgage market," says SFO
"We are committed to investigating and prosecuting this kind of offending," says SFO
Simon Turnbull has been arrested at the border and since pleaded guilty to a nearly $50 million mortgage fraud.
The ring leader of a $9.2m mortgage fraud scheme has today been sentenced to five years imprisonment.
The lender has been provided $100m to ramp up its mortgage lending
Expert discusses what drives consumer trust and loyalty
The figures mark a “solid end” for the decade