A bogus letting agent from Coventry has been jailed for 12 months after stealing more than £,000 from his clients. The debt-stricken agent pleaded guilty at Warwick Crown Court to four counts of fraud, worth more than £,000 and a further 59 counts of fraud worth £,000 were taken into consideration.
The agent was jailed for stealing rental payments from clients for properties he managed. It was claimed that he attempted to prop up his struggling business by "robbing Peter to pay Paul", collecting rents from the properties he managed but not passing on these payments the homeowners he was representing. Fake statements which claimed the money had been paid were sent to his clients. The fraud was discovered by police when the agent's business went into liquidation at the end of 2009, owning £9,000.
Many Lettings agents are completely unregulated, a disturbing fact in this age. Andrew Craig are Regulated by RICS and we maintain the highest professional standards by conforming to the strict rules of conduct of the Royal Institution of Chartered Surveyors (RICS), which is the most senior and respected property organisation, in the world.
The advantages of using a firm ‘Regulated by RICS’
CONFIDENCE – because regulated firms follow RICS Rules of Conduct (monitored by RICS Regulation), you know they are acting in your interest and committed to maintaining the highest levels of professional and ethical standards.
PROFESSIONALISM – you can be sure of clear, impartial and expert advice from qualified professionals.
SECURITY – you have the comfort of knowing that the firm:
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has a recognised procedure in place to help resolve any complaint as fairly and efficiently as possible
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provides consumer access to free independent redress
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has Professional Indemnity Insurance (PII) to protect you should you need to make a claim.
CLIENT CARE – firm members and staff regularly update their skills and knowledge to ensure customers are treated fairly and receive the best possible service.
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