Mother and son face losing £2.8m property empire

Mother and son face losing £2.8m property empire



A mother and her son have been ordered to repay more than £2.8 million in six months or face longer jail terms….


A mother and her son have been ordered to repay more than £2.8 million in six months or face longer jail terms.

Wendy, 62, and Wayne Stubbs, 45, of Orpington Road, Chislehurst, were sentenced to three years and six years imprisonment respectively after they obtained mortgages by lying about their income and employment.

At the time of conviction they owned two flats in Linden Gardens in Kensington & Chelsea, generating a substantial rental income which was never declared, as well as a seven-bedroom house with cinema room and swimming pool in Chislehurst.

At Woolwich Crown Court, HHJ Thompson ruled that Wendy Stubbs had gained criminal benefit of £2,615,011.07 with realisable assets of £1,698,026.30 while Wayne Stubbs was judged to have benefitted by £1,931,653.86 with realisable assets of £1,108,079.34

“Wayne Stubbs and his mother built up a huge property empire based on fraud and deception,” said Garry Crone of the NCA’s Economic Crime command.  

“This order means that in addition to serving substantial jail sentences for their crimes, they will not be able to enjoy the lavish lifestyle they had funded with their criminal assets.”

Wendy and Wayne Stubbs have six months to pay or they will face another six years and five years in prison respectively.



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