3 jailed for bank mortgage fraud

THREE people have been jailed for a total of more than nine years for defrauding the Bank of Scotland out of hundreds of thousands of pounds.

Loading Comments
Share
Print

William O'Neil, 47, was sentenced to four years and six months in prison after being convicted of mortgage fraud.

His sister Deborah Hayburn, 49, and partner Denise McNeil, 43, were jailed for two and three years respectively for their parts in the scam.

O'Neil fraudulently obtained a £78,500 mortgage from the bank in 2002 to buy a flat in the Ruchill area of Glasgow, prosecutors said.

He told the bank he lived in Glasgow and worked as a warehouse manager importing and selling Indonesian furniture with Indowoods Limited for a salary of £32,000.

In fact, he was a prisoner in HMP Glenochil serving part of a seven-year sentence for supplying drugs.

Five years later, Hayburn managed to secure a £127,890 loan to re-mortgage her flat in Glasgow. She said she earned £95,000 when her wage as a carer for Glasgow City Council was £23,000.

Finance

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

145978

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
                Games news:                
                               

Putting the world to rights

                               

Gail's Gab

                               

I am convinced Scotland will become independent in five months time.

               
Free swim at a Glasgow Club pool for every reader - Click here

Entertainment

Lifestyle

Wedding
Cat’s Eyes on Glasgow

Cat’s Eyes on Glasgow

Cat Cubie’s job is to find and share with you the fabulous things the city has to offer, from gigs to gastro.

                Janice Bell                
                               

Janice Bell

                               

You Couldn't Make This Up

                               

Driven round the bend after passing the driving test

               
Michelle McManus

Michelle McManus

Columnist Michelle McManus is Sussed in the City, and loves to chat about anything and everything.