Fraudster from Somerset with 37 accounts stole £64k (From Bournemouth Echo)
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Fraudster from Somerset with 37 accounts stole £64k
5:00pm Saturday 28th July 2012 in News
A MAN who opened 37 bank accounts under different names deprived financial institutions of more than £64,000, a court heard.
Damien Martin James, who has more than 23 aliases, fell back on mortgage repayments and racked up several overdrafts. James used different passports to take out a £250,000 mortgage and open accounts with Lloyds TSB, HSBC and Royal Bank of Scotland.
After pleading guilty to 10 counts of fraud and two assaults, he was locked up for four years and two months. Overdrafts ranged from £246 to £3,944, prosecutor Stuart Ellacott told the court. James, 45, also kicked the owner of Cuccinis restaurant, in Old Christchurch Road, and he punched the landlord of a hotel – both instances of violence followed being asked to leave the premises.
In mitigation, Robert Grey said James, from Somerset, had turned to drink after his wife’s premature death three years ago.
Judge John Harrow said: “You are a thoroughly dishonest man. You gave false details to the Chelsea Building Society to gain £211,000, fell into arrears and the property had to be sold and there was a loss to them of £60,000.”
Comments(6)
chris100
says...
6:53pm Sat 28 Jul 12
he steals the banks money and gets sent down yet the banks rob our money and they get a nice big fat bonus
billm
says...
7:19pm Sat 28 Jul 12
mike in florida wrote:He lied to get the loan in the first place. If he'd told the truth they'd have told him where to go. They lost £60,000 because he didn't tell them he had 23 aliases!
aid: “You are a thoroughly dishonest man. You gave false details to the Chelsea Building Society to gain £211,000, fell into arrears and the property had to be sold and there was a loss to them of £60,000
sounds likes he brought a flat,like everyone did back then,on a btl mortgage,and when repo came .sold for current market,did not steal £60,000 really did he
just lost any value in house over the period,welcome to real world
winton50
says...
9:42pm Sat 28 Jul 12
chris100 wrote:Quite right.
GOOD ON HIM
he steals the banks money and gets sent down yet the banks rob our money and they get a nice big fat bonus
Perhaps they should have given him the same treatment that the MPs got.
he should have been allowed to say that he didn't understand the rules and it was all due to an oversight. he could then have apologised and released a statement blaming all the country's ills on single mothers and benefit claimants.
downmoor-ch
says...
6:50am Sun 29 Jul 12
itsallgammon
says...
12:27pm Sun 29 Jul 12
I found it interesting to note that, although the only people he could possibly have hurt were the large Financial Corporations and their shareholders, a custodial sentence was applied. It was a quite significant one too. Now, had he driven a car/van at 80mph, whilst drunk, uninsured and disqualified, run away from a police car he hit and resisted arrest, his sentence would have been suspended (as it actually was!) The fact that he could have maimed or killed several innocent bystanders is clearly not important to the judiciary.
The law protects Big Business, property and "celebrities" who fancy that they have been libelled, but there is nothing for us peasants.
Too much LAW and not enough JUSTICE
mike in florida says...
6:22pm Sat 28 Jul 12
sounds likes he brought a flat,like everyone did back then,on a btl mortgage,and when repo came .sold for current market,did not steal £60,000 really did he
just lost any value in house over the period,welcome to real world