hertford letting agents

letting agents in hertford

Freephone
0800 6121 085

letting agents hertford 

letting agents hertford latest news
Home            Areas            News            Articles            Clients Say            Landlords            Tenants            Properties            Contact Us

Letting Agents Home  >  News  >  Lettings agency pair helped themselves to clients' money

Lettings agency pair helped themselves to clients' money

This case demonstrates why it is so important for landlords to ensure their letting agent is properly regulated, and has clients' money protection insurance.

 

A father and son who ran a lettings agency which closed down suddenly after they pocketed thousands of pounds of client money, have pleaded guilty to theft and fraud.

David Carr, 58, and Peter Carr, 27, took more than £15,000 by keeping cash paid in to Town and Country Estates in Sunderland.

When customers began to realise they might lose their money, the pair shut up shop in the summer of 2009 and disappeared for more than a year, Newcastle Crown Court heard.

It was only after some of their victims tracked them down that the police arrested them.

The Carrs admitted theft and fraud charges between October 2008 and June 2009.

Many landlords and tenants lost out because of their dishonesty, said Michael Graham, prosecuting.

Landlords were told tenants were behind with rents when they queried why nothing was being paid, when in fact the tenants were usually up to date with all their payments, and the Carrs had been keeping the cash for themselves.

Judge James Goss told the Carrs: “I accept this was a business that became dishonest, having been an honest business.

“It became dishonest when the economic downturn caused increasing difficulties for businesses of this kind.

“There is no excuse for what took place. You have admitted your crimes. Your actions have caused anxiety and some hardship for your victims. They remain your victims, uncompensated.”

The judge sentenced Carr senior to 30 weeks’ imprisonment, suspended for two years, with 200 hours’ unpaid work, and ordered him to pay £5,826 in compensation to the victims at a rate of £300 per month.

The judge deferred sentence for three months in the case of Peter Carr to allow him time to attempt to find employment so he can also pay compensation.

Judge Goss said that as well as punishing the Carrs, he had a duty “to ensure victims receive at least some compensation for having their money stolen from them or being defrauded of their monies”.

Defence barristers said the pair did not set out to defraud and are determined to repay their victims.

 

www.lettingagenttoday.co.uk

 

 

 

Step 1: 

Landlord or Tenant?


I am a Landlord

I am a Tenant

 

Step 2: 

Choose your Service


Advertising Only

Tenant Finding

Rent Collection

Full Management


Find Property to Rent

 

Step 3: 

Check Testimonials


Our Clients Say it Best

 

Step 4: 

Take Action Now!


Get a FREE Landlord Book

Book a FREE Consultation

Contact Us Now


Get a FREE Tenant Guide

Register Your Details

Contact Us Now

 

 


Previous          Up

 

 

 

             


Privacy Policy                   Site Map

 


© Knight PML Ltd. Registered in England & Wales No. 6484470
Registered Office: The Old Boardroom, Collett Road, Ware, Hertfordshire SG12 7LR
Directors: J Hunter, D Porter MRICS
Regulated by RICS

 

letting agents hertford