12:36PM, Wednesday 18 April 2012
A 45-year-old man from Windsor charged with playing a role in a mortgage loan fraud worth more than £30 million has had his case adjourned.
Mark Entwistle, of Kings Road, was set to enter a plea when he appeared at Reading Crown Court today. He is now due to enter a plea on July 6.
Entwistle has been charged with 23 counts of conspiracy to defraud and conspiracy to commit fraud by false representation.
He also faces one charge of conspiracy to commit money laundering and one of conspiracy to commit corruption.
Seven other men are also facing varying numbers of fraud charges including George Tilemachou, 52, formerly of Thames Street, who has been charged with one offence of conspiracy to commit fraud by false representation.
They are in relation to allegations made by the Royal Bank of Scotland and other lenders, who claim mortgage loans were fraudulently obtained of more than £30 million.
The crown alleges the eight garnered large sums of cash through fraudulent mortgage applications and then used the money for other means.
All are on conditional bail.
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