Birmingham solicitor struck off by SRA after £5.2 million mortgage fraud

Struck off Birmingham solicitor Kamran Malik

A Birmingham solicitor has been struck off after being jailed for a multi-million pound mortgage fraud.

Kamran Malik, formerly of AKZ Solicitors in Alum Rock, was jailed for five years earlier this year for money laundering, four counts of mortgage fraud, and perverting the course of justice.

A police investigation was launched after a number of banks raised the alarm over bogus lease agreements used to swindle them out of a total of £5.2 million in 2008.

A total of four men were jailed for fraud offences.

Now Malik, 35, of Hancock Road, Alum Rock, has been struck off by the Solicitors Disciplinary Tribunal.

In a case brought by the Solicitors Regulation Authority, the tribunal found his convictions meant he had failed to uphold the rule of law and the proper administration of justice.

Malik was also judged to have failed to act with integrity and behave in a way that maintained the trust the public placed in him and in the provision of legal services.

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He was also ordered to pay £2,752 costs.

The decision was welcomed by the SRA’s director of legal and enforcement, Gordon Ramsay.

He said: “Mr Malik used his position as a solicitor to engage in criminal activity.

“Solicitors hold positions of trust and have a duty to uphold the rule of law.

“Mr Malik’s offences show he abused that position of trust, so the tribunal’s decision is entirely appropriate.”

Malik was given 21 days to appeal against the judgement.

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