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Jailed solicitor ordered to repay £2m crime proceeds, while “narcissistic” judge convicted of fraud
Friday, 17 November 2017A solicitor who was jailed earlier this year for stealing more than £4m – and maybe as much as £10m – from her clients has been ordered to pay back the £1.9m within three months, or face a further eight years in prison. Meanwhile, a “narcissistic” solicitor and district judge has received a suspended jail sentence after being convicted of fraud offences.
Tags: fraud
Posted in Latest news, Solicitors
Solicitor who had mercy on fraudulent employee is fined £5,000
Wednesday, 13 July 2016A sole practitioner who decided not to sack a fraudulent employee after discovering he had stolen almost £90,000 from the firm’s office account has been fined £5,000 by the Solicitors Disciplinary Tribunal. However, the SDT rejected 20 of the 24 allegations made against her by the Solicitors Regulation Authority.
Tags: accounts rules, fraud, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Diversity, cash flow, referral fees and fraud – an anatomy of the problems afflicting chambers
Friday, 23 October 2015Widespread failure to comply with diversity rules, cash-flow problems, disguised referral fees and fraud have all been revealed in a Bar Standards Board report on “high impact” chambers. Few chambers also bothered to get feedback from lay clients.
Tags: bar standards board, diversity, fraud
Posted in Barristers, Latest news, Regulation
Another firm falls foul of ‘social engineering’ telephone scam
Thursday, 23 April 2015The Solicitors Regulation Authority has urged solicitors to be extra vigilant after a north-east conveyancing firm became the latest victim of telephone bank scammers. The firm lost a significant amount from its account.
Tags: fraud, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Struck off and now disbarred: lawyer who defrauded the Law Society
Friday, 27 March 2015A former solicitor and non-practising barrister who was convicted of a string of offences – including assaulting two police officers and defrauding the Law Society of £23,000 while a member of its council – has been disbarred two months after she was struck off the roll of solicitors.
Tags: Bar disciplinary tribunal, fraud, Law Society, Solicitors Disciplinary Tribunal
Posted in Barristers, Latest news, Solicitors
Jailing of former Law Society council member damaged profession, SDT says
Tuesday, 27 January 2015The jailing of former Law Society council member Michael Webster for a fraud offence last summer caused “significant damage” to the profession, the Solicitors Disciplinary Tribunal has said.
Tags: COFA, fraud, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Phone scams hit solicitors, with four firms losing £2m
Wednesday, 3 December 2014Four law firms have recently lost £2m from their client accounts after falling victim to scammers who tricked them into disclosing bank security information over the telephone, the Solicitors Regulation Authority has warned.
Tags: fraud, Solicitors Regulation Authority
Posted in Finance, Latest news, Solicitors
On-the-run former solicitor jailed for £1m stamp duty fraud
Tuesday, 30 September 2014A former solicitor who stole almost £1m through stamp duty fraud has been sentenced to ten years in jail. Shameer Sacranie, 40, from Leicester is believed to have fled the country and was sentenced in his absence last week.
Tags: fraud, HMRC, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority, stamp duty
Posted in Latest news, Solicitors
SRA joins National Crime Agency in crackdown on solicitor money laundering
Monday, 8 September 2014The Solicitors Regulation Authority (SRA) is launching a crackdown on money laundering today, in conjunction with the National Crime Agency (NCA).
Tags: fraud, money laundering, National Crime Agency, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Third of solicitors make errors when asking anti-fraud authority for consent to act
Friday, 18 July 2014A third of suspicious activity reports submitted by solicitors seeking consent to continue working on a matter do not contain enough information on which to make a decision, the UK Financial Intelligence Unit has found.
Tags: fraud, Solicitors Regulation Authority
Posted in Latest news, Solicitors