The Crown Prosecution Service has welcomed convictions for five people involved in a mortgage fraud worth £20m.
The scale, duration and sophistication of this fraudulent scheme are a demonstration of criminal behaviour at its most devious.
The actions of the five members of this mortgage fraud ring were motivated by nothing more than greed, and their willingness to betray the trust of mortgage lenders for personal profit seemed to have no limits.
Each of the co-conspirators sentenced today had their own specific role to play in this intricate crime, and all were fully aware of the deceitfulness of their actions.
A former police officer has been sentenced to 7 years in prison for his part in a mortgage fraud worth £20m.
Antony Lowry-Huws, from Kinmel Bay near Rhyl, was sentenced along with 4 others following a five month trial.
The court was told the group duped mortgage lenders into handing over thousands of pounds on properties in north Wales.
Developer Sheila Walley, of Llanfair TH, was sentenced to six years in prison, solicitor Nicholas Jones from Mold and surveyor Frank Darlington from Lancashire were sentenced to four years each. Susan Lowry-Huws received a 12 month sentence suspended for two years and 300 hours of community service.
North Wales Police have described the case as the 'largest mortgage fraud ever investigated in England and Wales.'
They continued: “We welcome the sentences imposed today in relation this multimillion pound investigation which took five years of painstaking investigation to reach this successful conclusion."