Bank loan

David Aiono falsely requested a $ 22,000 bank loan on behalf of his brother | Illawarra Mercury

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A former Shellharbour man admitted to fraudulently using his brother’s driver’s license to apply for a $ 22,000 personal bank loan seven years ago. David Speechley Aiono, 38, appeared in Wollongong local court yesterday where he pleaded guilty to dishonestly obtaining a financial advantage by deception. The court heard that the brothers grew up together in the Shellharbour area and were living together in 2013. Read more: A man was cleared after he photographed a young girl in a swimsuit in Wombarra. his brother’s accounts when his finances were denied due to unpaid debt when he applied for a loan to pay a vet bill in June 2017. The brother performed a credit check that revealed his debt was $ 22,000 from a personal loan with the Commonwealth Bank. He did not apply for the loan and suspected his brother had used his driver’s license in 2013 to secure the money. The police investigation revealed that a transfer of $ 14,000 was made to Aiono’s NAB account on February 15, 2014, the day after the loan was approved. Bank statements also showed that $ 10,000 was immediately withdrawn from the brother’s account at the Wollongong branch of the Commonwealth Bank. On the same day, transaction records showed the brother had withdrawn $ 50 in cash from a Commonwealth Bank ATM in Queensland. Further investigation into the brother’s driver’s license issued in 2013 revealed that the photo featured Aiono’s face. Aiono admitted to using his brother’s driver’s license to fraudulently apply for and obtain the $ 22,000 Commonwealth Bank personal loan on his brother’s behalf before transferring the money to him. In court, charges of trafficking and possession of identity information for the purpose of committing a criminal act; and posting of false misleading documents to gain advantage have been withdrawn. Aiono will return to court on January 24 next year to be sentenced. The Illawarra Mercury Newsroom is funded by our readers. You can sign up to support our journalism here.

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