SRA strikes off solicitor convicted of mortgage fraud

The Solicitors Regulation Authority has struck off a Birmingham solicitor currently serving a five-year prison sentence for his role in a £5.2m mortgage fraud.

Kamran Malik, 35, was one of four men arrested in 2010 for fraudulently inflating property values to obtain mortgage finance.

Before his trial at Birmingham Crown Court, Malik was also found to have forced a witness to sign a false testimony.

He was originally sentenced to four years imprisonment at Birmingham Crown Court for money laundering and four counts of mortgage fraud before an additional year was added for perverting the course of justice.

The Solicitors Regulation Authority brought its own case against Malik and has found that he failed to adhere to the rule of law and the proper administration of justice, as well as committing further transgressions regarding integrity and maintaining trust with the public.

Malik has now been struck off and he must also pay £2,752 in costs.

SRA director of legal and enforcement Gordon Ramsay says: “Mr Malik used his position as a solicitor to engage in criminal activity. Solicitors hold positions of trust and have a duty to uphold the rule of law.

“His offences show he abused that position of trust, so the tribunal’s decision is entirely appropriate.”