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Lawyer gets 30 months for fraud

A Victorian lawyer has received a suspended jail sentence for obtaining home loans using falsified information.

user iconFelicity Nelson • 29 May 2015 • NewLaw
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Kugan Kanagaiyan, formerly a sole practitioner of Melbourne suburb Clayton South, pleaded guilty to three charges of obtaining financial advantage by deception and two of making and using a false document in applying for home loans from two banks.

 
 

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Mr Kanagaiyan created fake payslips and falsely claimed in his applications that he had no dependents over a three-year period.

Judge Allen of the County Court highlighted that a higher standard of conduct was expected of Mr Kanagaiyan because he was a lawyer, and noted that Mr Kanagaiyan had agreed to surrender his practising certificate.

Mr Kanagaiyan was sentenced to 30 months imprisonment, fully suspended.

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