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| Gang involved in £5m mortgage fraud given jail sentences | Gang involved in £5m mortgage fraud given jail sentences |
| (34 minutes later) | |
| A gang of people who carried out a mortgage fraud worth more than £5m have been given jail sentences. | A gang of people who carried out a mortgage fraud worth more than £5m have been given jail sentences. |
| Ben Pickering, 35, Mark Cainen, 44, Paul John, 44, and Emma Davey, 34, got mortgages using fake identities. | Ben Pickering, 35, Mark Cainen, 44, Paul John, 44, and Emma Davey, 34, got mortgages using fake identities. |
| They were all convicted of conspiracy to defraud at Swansea Crown Court. | They were all convicted of conspiracy to defraud at Swansea Crown Court. |
| Pickering was jailed for six years, Cainen for eight years and John for three years and four months. Davey was given 12 months suspended for two years and 200 hours unpaid work. | Pickering was jailed for six years, Cainen for eight years and John for three years and four months. Davey was given 12 months suspended for two years and 200 hours unpaid work. |
| Pickering, a film producer who was once a prospective Conservative party candidate for the Swansea West parliamentary seat, worked with Cainen, from West Cross in Swansea, to make the fraudulent applications using fake names and forged financial documents. | |
| 'Greed' | |
| They also changed their names by deed poll as part of the swindle. | |
| Large numbers of properties in Swansea and Ammanford were bought during the eight-year conspiracy. | |
| John, a Swansea-based financial advisor, used his position to put the applications forward and estate agent Davey, of Rhydargaeau, Carmarthenshire, assisted. | |
| Judge Keith Thomas said: "These offences were fuelled not by economic necessity, but by greed." |