News

Lender on fraud charges
By Tim Neary
March 22, 2011

A former St George lending officer is facing court on charges of conspiracy and mortgage fraud, reports The Daily Telegraph.

Police allege that Hiba Cornell inflated property values and faked mortgage documents for her own financial gain.

She is currently fighting 10 charges including conspiracy to 'cheat and defraud financial institutions of large sums of money'.

Yesterday the court heard that Cornell verified one client was earning $89,976 a year working at a bakery, but the person was not employed at the bakery at the time.
 
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