The BBC has reported that five people have been convicted of mortgage fraud worth £20m.
The convictions follow a five-month trial in which the jury had to consider 50,000 items of evidence.
The case related to 189 mortgage applications were made between May 2003 and June 2008.
According to the prosecution the deceit was achieved by inflating the actual value of the property used as security, hiding the fact that in some cases no deposit was put down, or inflating the rental income potential to make the mortgage rate more acceptable.
One of the conspirators was Solicitor Nicholas John Jones, 53, based in Flint at the time, who carried out the conveyancing work and submitted fraudulent mortgage applications.
In some cases the apartments on which mortgages were advanced simply did not exist.
Judge Rhys Rowlands told solicitor Nicholas Jones: "You plainly knew what was going on.
"An additional feature in your case is that it is a very clear breach of trust that you owed to the lenders, which you breached."
All five were granted bail to await sentencing, under the condition that they surrender their passports and are subject to a curfew monitored by electronic tagging.
All defendants denied conspiring to defraud and conspiring to falsify documents between May 2003 and June 2008 to induce false finance and mortgage payments.
