Mortgage Fraudster Who Conned Investors Over £650,000 Is Jailed
A man who conned property buyers and investors into handing over £650,000 has been jailed for 5 years. 55-year-old Jaspal Singh Juttla pleaded guilty to 26 counts of fraud and was sentenced at Isleworth Crown Court yesterday.
Juttla conned his clients by claiming to be a mortgage broker and promising big returns if they invested in his property schemes.
His victims were mainly Indian and spoke little or no English. After money was handed over by the clients Juttla ceased contact with them.
Juttla was arrested in February after police were approached by six of his victims. A Hindu Pundit from a Temple in Southall lost £100,130.
A couple who worked four jobs between them for ten years to secure £84,000 to buy a property also lost their money.