A Bradford man convicted of mortgage fraud has been ordered to pay back £93,510 under the Proceeds of Crime Act (POCA).
Timothy Crompton, 48, of Edge End Road, Buttershaw, has six months to pay the Confiscation Order or faces a penalty of up to two years in prison.
Up to £78,510 of the cash ordered to be paid back was seized from Crompton’s home and the rest included a share in land off Halifax Road and equity in the property in Edge End Road.
The orders comes after Crompton’s arrest in 2009 on suspicion of committing fraud by false representation involving obtaining a mortgage by deception.
On May 11, 2010, at Bradford Crown Court, Crompton pleaded guilty to obtaining a fraudulent mortgage and concealing criminal property.
After the hearing, Detective Sergeant Tim O’Keeffe said: “This is an excellent example of the effectiveness of the Proceeds of Crime Act.”
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