Stopping a £1.2M Commercial Mortgage Fraud
A major bank flagged a suspicious commercial mortgage application worth £1.2 million. Gisby Legal was called to verify the applicant’s credentials and business claims, which initially appeared legitimate.
Through deep background checks, the team found discrepancies in tax filings, fabricated profit-and-loss statements, and links to failed companies. The bank declined the application and reported the attempted fraud, thanks to Gisby’s timely intervention.