Welsh adviser convicted over mortgage fraud – Butler was one of three people convicted in a “lengthy and complex” investigation sparked by a drugs raid in November 2008. In a raid, Gloucestershire police officers uncovered a large number of cannabis plants and seven people were subsequently arrested.
Although nobody was charged with offences relating to the cannabis plants, three were charged with conspiracy to obtain a mortgage by deception.
Butler, Mark Fowles, 39, from Northfield, Birmingham; and John Cope, 39, from Anvil Street in Bristol all pleaded guilty to the offence.
Evidential reasons meant that no one was ever charged with offences relating to the cannabis plants, however three people were charged with conspiracy to obtain a mortgage by deception at the end of a long financial inquiry.
Mr Cope received a 12-month community order with 150 hours of unpaid work Mark Fowles received a 10-month prison sentence suspended for 12 months with 200 hours unpaid work.
Ms Butler’s 10-month prison term was suspended for 12 months and received a 12-month supervision order in addition.
The fraud conspiracy charge was based on allegations that Ms Butler and Mr Fowles, to avoid taxation costs, offered Mr Cope £5,000 to allow the use of his personal details for a mortgage application.
It is alleged that Ms Butler used her position as a financial adviser to process the relevant papers through the mortgage lender, with repayments made by Mr Fowles via bank accounts held by Mr Cope to hide the true origin of the funds.
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