A LOAN fraudster will have to pay back a fraction of what he made from the £200,000 scam.

Daniel Robertson, 30, made scores of fraudulent loan applications to banks and building societies over two-and-a-half years.

The Swindon man applied for £200,000-worth of bank loans, although only a quarter of that sum - £52,000 – was paid out.

He was jailed for four years and one month in 2019.

At a hearing at Swindon Crown Court yesterday, Judge Jason Taylor QC ruled that Robertson had profited from the scam to the tune of £19,200.

However, he only has to pay back £1,000 under proceeds of crime rules. The sum must be paid within three months or he will serve an extra month behind bars.

Last year, the court heard Robertson had made applications in his and others’ names.

He stole others’ identities, doctored documents and made applications in false names – including “Daniel A***hole”.

He roped in family members and friends, who let him use their bank accounts to launder cash, set up accounts in their name or put their name to fraudulent loan applications.

It was said only £15,000 went in his name, although Judge Taylor said when he sentenced Robertson in 2019 he had no doubt the man had made more. The fraud was discovered when a loan company reported their concerns in June 2017.

He had a previous conviction in 2015 for almost identical offences. He continued to make fraudulent loan applications even after being interviewed by police.

Five others were sentenced for their part in the con. In November, the court ruled that four women involved made £16,200 from the scam. Three had to pay back a nominal £10 while the fourth, Robertson’s former partner Holly Ayres, was ordered to pay back £1,000.