Bridging lender escapes potential fraud and applicant faces trial

Bridging lender escapes potential fraud and applicant faces trial




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A Wirral-based lender is alleged to have escaped a potential fraud with charges being brought against the applicant for misrepresenting his annual income, reports the Wirral Globe.

Stephen John Siddell, 27, of Serpentine Rd in Wallasey, is charged with making a false representation to

Bridging Finance Solutions

, after stating his annual income to be £135,000.

Bridging Finance Solutions (formerly Bridging Finance North West) did not press charges as they declined to lend the funds, suspecting the applicant to be fraudulent.

Siddell is also alleged to have stolen nearly £170,000 from the high speed information portal service, Pali Ltd.

Siddell has been remanded on bail for eight weeks and faces 64 charges of theft as well as the misrepresentation charges.

Louise Siddell, 24 of Union Street in Wallasey, appeared with him in court and has been charged with unlawfully converting cash during the months between November and August this year.

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