Fictitious applicant helps end mortgage broker career

Kwadjo Amoteng made 12 mortgage applications, two through Oxford House Financial Services, a mortgage broker run by Leo Kusi-Appiah in Wood Green, London. Only he didn’t - Mr Amoteng never existed. An investigation of his applications, provided by lenders to the FSA, revealed that he and Kusi-Appiah shared the same birthday. In a further coincidence, it turned out that a Mr Amoteng also held a residential mortgage on the home address of Kusi-Appiah and his wife Tracey. Another property, which he ostensibly owned, was found to belong to Kusi-Appiah, while mortgage payments on a third property, also in the name of Mr Amoteng, were paid from a bank account held by Tracey Kusi-Appiah.