Page last updated at 17:18 GMT, Friday, 18 December 2009

Lawyers face 50m fraud charges

Six people, including solicitors and a property developer, have been charged over a £50m mortgage fraud.

Laurence Ferrigan, 48, Ian McGarry, 40, Saghir Afzal, 47, and Simon Lawrence, 48, were charged with conspiracy to obtain a money transfer by deception.

Birmingham solicitors Fatema Patwa, 47 and Hardeep Sodhi, 33, are accused of the same offence. All six will appear at Southwark Crown Court on 4 January.

The case concerns alleged fraudulent mortgage applications.

West Midlands police launched an investigation in 2006 following a complaint by Cheshire Building Society.

The Serious Fraud Office then investigated the alleged fraud, which centred on mortgages taken out on six properties but not repaid.

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