Woman faces £250,000 debt after former boss allegedly forged loan documents
Nicky Oakley says her former boss and longtime friend, James Kenny, used forged documents and her signature to secure loans against her home, leaving her facing £250,000 in debt and possible repossession. The case matters because Oakley says she trusted Kenny when he asked her to support a business venture, and she is now fighting to keep a home shared with her partner and three children.
Kenny reportedly said he needed a £60,000 short-term loan to launch a pirate-themed festival and asked Oakley to use her property as security, citing lottery funding that she later found had been faked. Oakley says she knows of at least four other women who lost money after dealing with him. Kenny received a two-year suspended sentence in 2008 after admitting to forging his then-wife’s signature on a second mortgage application; Oakley says Merseyside Police and Report Fraud have taken no action on her report.
In short
- Nicky Oakley says forged documents left her £250,000 in debt.
- She fears losing the home she shares with her family.
- She says at least four other women were also conned.
Explained simply
A loan secured against a home uses the property as a guarantee: if the borrower does not repay, the lender may seek to repossess it. Someone whose signature or documents were used without their consent may have to challenge whether they are responsible for the debt.
Nicky Oakley says she trusted her former boss and friend James Kenny when he asked her to support a business venture. She says he used forged paperwork to arrange borrowing against her home; Kenny had previously admitted forging his then-wife’s signature on a mortgage application.
Oakley shares the home with her partner and three children, and says she is trying to keep it while disputing the debt. She also says other women lost money after dealing with Kenny, raising questions about how such complaints are investigated and how people can protect their homes.
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Originally published by Daily Mail as “I trusted my boss. But because of his lies, I’m now in £250,000 of debt – and about to lose the family home”.