21 Aug, 2009
Building society blames losses on mortgage fraud, not greed and incompetence
Posted by: Lance In: News
Is anybody really surprised to hear about the Chelsea Building Society’s £41million of losses to mortgage fraud? It’s hilarious that the building society is painting itself as an innocent victim, claiming that the fraudulent loans were acquired by syndicates of unscrupulous buy-to-let landlords running a scam with crooked mortgage brokers and surveyors. As if Chelsea, [...]