Newspaper article The Journal (Newcastle, England)

Court Told of Lies on Pay and Sheep; Former Pub Chain Director Denies Claims

Newspaper article The Journal (Newcastle, England)

Court Told of Lies on Pay and Sheep; Former Pub Chain Director Denies Claims

Article excerpt

Byline: Garry Willey

ACROOKED director lied about his salary and pretended a small flock of sheep was a successful sideline to run up mortgage frauds worth almost pounds 700,000, a jury was told yesterday.

Tony Hindhaugh, 39, was company secretary with pub chain Sir John Fitzgeralds and married to the boss' step-daughter when he ran the deceptions, Newcastle Crown Court heard.

He boosted his income in a "bogus" letter to secure a pounds 500,000 re-mortgage of his executive family home in Whalton, Northumberland, it was claimed.

And a police investigation revealed Hindhaugh, who denies any wrong-doing, had used the same ruse during an abandoned pounds 196,000 loan bid for an investment property in Ponteland.

Again he supplied company-headed letters claiming his salary was pounds 100,000, more than pounds 10,000 higher than the true figure, said Robert Adams, prosecuting.

But this time he also told UCB Home Loans that he earned thousands more away from his desk, the court heard.

"The application refers to a second source of income and the figure pounds 60,000," Mr Adams told the jury.

"The explanation was that this came from farming. Susan Hindhaugh, the defendant's ex-wife, will tell you that, contrary to what is asserted, they only had 37 sheep in a small paddock next to the house which ultimately had to be given to a local farmer.

"She will produce a tax return in relation to the farming for the relevant year and contrary to there being a pounds 60,000 profit there was a loss of more than pounds 3,000."

Hindhaugh, now divorced and living in Lindfield, West Sussex, denies two charges of using false instruments and another of obtaining a pounds 500,000 money transfer by deception between April 2004 and June 2005.

He told police after his arrest last April the salaries set out in the loan applications were correct because they included a pension payment.

And he claimed even if he had caused the headed letters to be created for the loan bids they could not be false documents because the company's financial controller David Ridley signed them. …

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