Someone changes her name by deedpoll to that of a (in this case disceised) property owner and borrows £1m+ on her house. The money then disappears, having been withdrawn in cash from a foreign bank account.
My question is:
1) Is there anything the solicitor dealing with a fake property owner could have done to discover the fraud, given that the fraudster would have obtained a new passport with their new name?
2) Would this fraud have worked if the owner had still been alive?
3) The £1m was not recovered. Would anyone be obliged to repay the defrauded party, e.g. the insurance of the solicitor or the land registry? The foreign bank who let someone withdraw £1m in cash?