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EnergyThree charged with fraud over loans
Filed under: Loans
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Detectives investigating a company offering low-interest loans have charged three people with fraud, police said.The men were allegedly involved in the operation of Swift Loans Finance between January and August last year, which intended to collect fees for the arrangement of loans that were never honoured, Sussex Police said.
It is also alleged that £35,000 was defrauded from loan applicants and a further £96,000 from creditors, a police spokesman added.
Father and son Javaid Hussain, 50, and Fahad Javiad, 23, both of Borrowdale Close, Crawley, West Sussex, and Imaad Khan, 23, of Bedford Place, Brighton, East Sussex, have all been charged with two counts of fraudulent trading, contrary to the Companies Act 2006.
They will appear at Mid Sussex Magistrates' Court in Haywards Heath on Wednesday.
A Sussex Police spokesman said Swift Loans Finance was based in a privately rented office in First Point, a multi-occupancy office block in Buckingham Gate, near Gatwick Airport's South Terminal.
Gatwick Airport Ltd has no connection with the management or rental of the office block, he added.
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Father and son Javaid Hussain, 50, and Fahad Javiad, 23, both of Borrowdale Close, Crawley, West Sussex, and Imaad Khan, 23, of Bedford Place, Brighton, East Sussex, have all been charged with two counts of fraudulent trading, contrary to the Companies Act 2006.
They will appear at Mid Sussex Magistrates' Court in Haywards Heath on Wednesday.
A Sussex Police spokesman said Swift Loans Finance was based in a privately rented office in First Point, a multi-occupancy office block in Buckingham Gate, near Gatwick Airport's South Terminal.
Gatwick Airport Ltd has no connection with the management or rental of the office block, he added.
