Hughes made fraudulent mortgage applications involving a total of £1m using fake documents downloaded from the internet.
He admitted dishonestly making false representations by using the false documents in support of mortgage applications in September 2009.
A co-accused secretary, Gaynor Grundy denied the fraud charges and four others of making or supplying articles for use in fraud.
Grundy pleaded not guilty to two allegations of making or supplying a series of false bank statements in the name of Mrs Kerry Hughes and two of making false P60 tax certificates in the name of Mrs Hughes.
Carl Hughes, pleaded not guilty to the four charges of making or supplying articles for use in fraud. But prosecutor Nick Burn told the court: “Hughes accepts the frauds and as a necessary part of the fraudulent applications, the fraudulent documents were used by him.
“He’s accepted obtaining false documents from the internet.”
“The lady’s [Grundy’s] case is straightforward – no dispute as to the making or supplying of documents by her to him, the only question is dishonesty.”
Judge Paul Glenn remanded Hughes on unconditional bail for pre-sentence reports but warned him that “all sentencing options remain open.”
The judge adjourned Grundy’s case for trial at Stafford on 13 June.
She was also remanded on unconditional bail until the trial date.
