A MAN branded “a committed and determined fraudster” by a judge has been jailed for 16 months.
Jason Hyde, 41, of Watty Lane, Todmorden, used forged wage slips containing inflated claims about his earnings to obtain a self-certified mortgage of more than £320,000 so he could buy an impressive property on Burnley Road, Halifax, in 2006, Bradford Crown Court heard.
Although Hyde said he never intended to cause any loss to the mortgage firm and had managed to make repayments on the loan, the house was eventually re-possessed and sold at a loss of just over £18,000.
In 2005 Hyde had used a similar method to obtain a remortgage of £155,000 on his parents’ home in Bristol.
Prosecutor Mark McKone said Hyde had also been involved in the fraudulent purchase of a van worth more than £16,000 which he had then sold on to an innocent member of the public ten months later.
Hyde, who had previous convictions for dishonesty, also submitted a false insurance claim following a burglary, but no money was ever paid out.
Last month, Hyde admitted two allegations of obtaining money transfers by deception relating to his false representations about his salary. He claimed he was employed by a building firm earning £75,000 a year.
He also admitted three fraud charges.
Jailing Hyde, Judge John Potter noted that he was now effectively in financial ruin.
Judge Potter said: “It may well be that that behaviour has resulted in significant loss to you and your family and others close to you but it is the price you pay for behaving in this wholly dishonest way.”