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The real estate agent who lost £200m on a mortgage deal that turned into a life of debt and fraud

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A man who bought a £200,000 home in Highlands Park, east London, to help with his mortgage payment is now facing jail after a court heard he spent the money on drugs and alcohol.

Jackie Edwards, 55, was found guilty of taking more than £200k from the loan on an “inappropriate relationship with an individual who was not his partner”.

The couple met through a friend in 2008 and were married in 2010.

When she bought the property, Edwards had no history of trouble with the law and was given a loan of £200 000.

But a year later she was charged with dishonestly transferring £200.000 from the home to the accounts of her friends and relatives.

Edwards pleaded guilty to fraud and theft and was jailed for 10 years.

“I am absolutely disgusted,” said Edwards’ partner Pauline McVey, 45, who was at the court in London.

“We had a wonderful life together and we both paid our debts.”

They moved in together in 2015 after the court heard Edwards had a troubled relationship with her former partner, who had been in prison for a drug-related conviction.

Edwards had previously been jailed for three years in a drug bust in 2015 and spent time in prison while her husband was in prison.

The court heard that in February this year Edwards “started buying a small amount of heroin in order to meet the payments for the mortgage”.

“I had been living in the house since the end of 2014,” she said.

“There was never any problems with the landlord or the landlord’s tenants.

I am a normal married couple.”

When asked what the relationship was like, she replied: “We have been together for seven years.”

Edwards’ former partner told the court he had been struggling to cope with his ex-partner’s addiction to heroin. “

This situation has had a negative impact on our relationship.”

Edwards’ former partner told the court he had been struggling to cope with his ex-partner’s addiction to heroin.

“He has been on his own for quite some time,” he said.

Edwards has since moved into a new home in Newquay, south London, with her new husband.

Her sentence is to run concurrently with a three-year sentence for taking more money from a loan to buy a property.

The couple have not been able to contact Edwards and have had to apply for social housing.

Edwards is now on licence to live in the city of London.

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