Unauthorised mortgage broker charged with fraud

Unauthorised mortgage broker charged with fraud


Unauthorised mortgage broker charged with fraud

A man has been charged with fraud for allegedly advising on and arranging mortgages without being authorised.

Peterson Okoh appeared in Westminster Magistrates’ Court on 31 July for allegations relating to activity between January 2018 and December 2023. 

The Financial Conduct Authority (FCA) alleges that a “significant number” of mortgage applications advised on and arranged by Okoh either contained false information or were supported by forged documents. 



The FCA has charged Okoh with three counts of fraud by false representation and one count of carrying on regulated activities without authorisation. 

He has pleaded not guilty on all counts. 

The case has been sent to Southwark Crown Court for a Plea and Trial Preparation Hearing on 28 August.

Okoh has been released on conditional bail with conditions of home residence, not to carry on acting as a mortgage adviser while unauthorised, and not to contact prosecution witnesses directly or indirectly pending his next appearance. 

Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.

Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.

This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.

She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.

In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.

She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.

Follow her on Twitter at @ShekinaMS





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