A husband and wife were part of a loan fraud that cost a bank £1 million.

Enfield couple Cebrail and Munube Polat schemed with Ezzu Ahmet of Waltham Cross, Hertfordshire, to defraud an unnamed UK bank via an unregulated company based in Wood Green called Bee Finance.

Between May 2018 and August 2019 the trio conspired together to obtain fraudulent bank loans, using false payslips to make applications.

The fraud led a UK bank to lose around £1 million.

Enfield Independent: Cebrail PolatCebrail Polat (Image: DCPCU)

The crime was investigated by the Dedicated Card and Payment Crime Unit (DCPCU), a police unit sponsored by the banking industry.

The gang were sentenced on July 27, with Mr and Mrs Polat receiving seven and six-year sentences respectively, while Ahmet was given a suspended two-year sentence.

Enfield Independent: Munube PolatMunube Polat (Image: DCPCU)

Detective Constable Matthew Cornell, who investigated the case, said: “These criminals thought they could get away with a large-scale fraud operation, stealing approximately one million pounds.

“Fortunately, we were able to identify these individuals and put a stop to their criminal activity, after working closely with the banking and finance industry.

Enfield Independent: Ezzu AhmetEzzu Ahmet (Image: DCPCU)

“This sentencing will warn anyone who believes they can benefit financially from committing fraud, showing that they will be caught and brought to justice”.