Connect with us
Advertisement
Advertisement

News

Llangwm: Solicitor jailed for six years for £1m fraud

Published

on

A PEMBROKESHIRE solicitor who overcharged clients by almost £1m has been jailed this week for six years.

Edgar Stephen Thomas, aged 58, charged one client at the rate of £20,000 a week without doing any work at all.

Another was charged at £12,000 a week and went on to lose a total of £100,000.

Thomas, of Stephen’s Green, Deerland Road, Llangwm, admitted 23 offences of fraud and theft, which stopped only when his firm of Steve Thomas and Co was closed down by the Solicitors Regulatory Authority.

Jim Davis, prosecuting, told Swansea Crown Court that Thomas got away with the frauds by deducting monies from the estates of deceased people without telling the beneficiaries.

“He grossly overcharged and then deducted the payments directly from the estates of deceased people,” he said.

“He helped himself without telling them what he was doing.”

The overcharging began in 2005 when he was asked to handle the estate of Richard James Rogers. He charged the estate £41,800 plus VAT but internal documents showed that as the work decreased his bills increased.

Thomas agreed overcharging that estate by £12,000.

Thomas went on to plunder many more accounts.

The most outrageous example, said Mr Davies, related to the estate of Audrey Williams, who died in 2013.

Thomas charged £127,250 plus VAT, sometimes raising–but not posting–two invoices a day. He agreed he had overcharged by £100,000.

Mr Davis said Thomas’ offending did not stop there. His firm was hired by Vaughan’s Radio, an electrical store in Haverfordwest, to handle the purchase of a business in Aberystwyth.

Thomas simply kept for himself £50,000 of the purchase price.

Mr Davis said Thomas had worked for Eaton Evans in Haverfordwest, rising to becoming a partner, before leaving to form his own firm in 2005.

His accounts had to be audited and as a result the SRA were alerted to fears that he was overcharging.

A detailed forensic examination of his accounts was carried out and the fears were confirmed, along with the discovery of a shortfall in his client’s accounts of £144,326.

There was then an administrative error at the SRA and the initial report was not acted upon until June 2014, when a second financial investigation revealed more fraud and he was later struck off.

In February 2015 Thomas was declared bankrupt.

Mr Davis said the SRA had reimbursed those who had lost because of Thomas’ fraudulent behaviour, but there remained the question of costs and whether he could be made to repay any of the money. An investigation under the Proceeds of Crime Act is underway.

Thomas’ barrister, Ian Ibrahim, said his client was now broke and all the money had gone on keeping his business afloat.

“His fall from a high place has been dramatic. His remorse is complete and utterly without qualification.

“He has lost everything and knows that he will go to jail today.”

Judge Keith Thomas said those who worked in the legal profession had to demonstrate the highest level of integrity because the public put trust in them, sometimes at the most stressful times of their life.

“Your victims have described your behaviour as disgusting and despicable.

“You were struck off in 2016 and have had to wait a long time for the process to be complete, but that is partly because you were not willing to admit the extent of your offending,” he added.

News

Dale Road: Several have minor injuries after two vehicle accident

Published

on

EMERGENCY SERVICES are attending a two-vehicle road traffic accident on the B4327 Dale Road.

Two fire crews from Haverfordwest as well as police were called at around 3pm today (Aug 16).

A van and a car are involved.

Avoid the area at the present time

The Herald understands that several people are being treated for minor injuries.

MORE TO FOLLOW

Continue Reading

News

Tenby: Hotel goes into administration as new owner’s business empire collapses

Published

on

A POPULAR Pembrokeshire hotel has gone into administration.

The Fourcroft Hotel in Tenby how faces an uncertain future. It’s parent company Northern Powerhouse Developments reportedly suffered a £14m operational loss last year.

The 40-bedroomed hotel, which had been in the ownership of the same family for over 70 years, was bought by Northern Powerhouse Developments for an undisclosed sum in January 2017.

New boss Gavin Woodhouse said at the time: “This is the first of four hotels we are acquiring and opening in South Wales to complement our existing hotels up and down the coastline of the United Kingdom.”

“The Fourcroft will be the sister hotel to the Llandudno Bay Hotel and Spa and part of the group’s premier hotel collection.

“We are keen to compliment the local businesses and hope to be part of the future success of Tenby and the surrounding areas.”

NPD was founded by Gavin Woodhouse to focus on investment in the leisure and tourism industry.

According to ITV News, at the High Court hearing, Justice Alastair Norris was told that Woodhouse had been withdrawing tens of thousands of pounds from a bank account he had kept secret from administrators.

Below: Video by The Guardian regarding the missing millions which have plagued Gavin Woodhouse’s businesses

Appointment of Administrators

In the High Court of Justice

Court Number: CR-2019-005297

FOURCROFT HOTEL (TENBY) LIMITED

(Company Number 00772050)

Nature of Business: Hotels and similar accommodation

Registered office: Unit D2 Elland Riorges Link, Lowfields Business Park, Elland, HX5 9DG

Principal trading address: The Croft, Tenby, SA70 8AP

Date of Appointment: 8 August 2019

Names and Address of Administrators: Philip Francis Duffy (IP No. 9253) and Sarah Helen Bell (IP No. 9406) both of Duff & Phelps Ltd, The Chancery, 58 Spring Gardens, Manchester, M2 1EW

Further details contact: The Joint Administrators, Tel: 0161 827 9000. Alternative contact: Chloe Chan, Email: Chloe.Chan@duffandphelps.com

Ag JG50885

Continue Reading

News

Coastguard call-out after missing cliff climbers fears

Published

on

EMERGENCY services were called to the Stack Rocks area on Thursday August 15, following concerns for the safety of two climbers.

The emergency services were called following fears over the safety of some climbers when climbing gear had been found at the top of the cliff near Bullslaughter Bay, with the owners nowhere to be seen.

At 9.11pm, Tenby Coastguard rescue team, St Govan coastguard rescue team, Tenby Lifeboats RNLI ALB, Angle Lifeboat RNLI ALB and Coastguard rescue helicopter 187 were called to search for possible missing persons in the vicinity of Stack rocks.

Tenby’s RNLI all-weather lifeboat was launched just after 9pm and made best speed towards the scene, 10 miles west of Tenby, while Tenby and St Govans Coastguard rescue teams and Coastguard rescue helicopter 187 also made their way.

An RNLI spokesman said: “Once on scene, the volunteer crew began their search from Stackpole Head towards Bullslaughter Bay.

“With darkness fast approaching, it was decided to launch Angle all-weather lifeboat so that the search for anyone in difficulty could be widened.

“Sometime later, the helicopter spotted some climbers and directed Angle lifeboat to their position, and, while speaking to them, they confirmed it was their climbing gear and that they were in no difficulty.

“All units stood down and returned to their respective stations, with Tenby lifeboat arriving back on station at about 12.15am.”

H M Coastguard Tenby, posting on Facebook, added: “Coastguard and RNLI were quickly on the scene with the Coastguard officers searching from land along the coastline and RNLI lifeboats commencing a water search.

“Once Coastguard rescue helicopter 187 arrived on scene they managed to quickly locate two climbers using FLIR [Forward-Looking Infra-Red].

“Angle RNLI was then directed to the persons and made contact with the climbers and confirmed that the equipment found belonged to them and that they did not require assistance.”

Continue Reading
News20 hours ago

Dale Road: Several have minor injuries after two vehicle accident

EMERGENCY SERVICES are attending a two-vehicle road traffic accident on the B4327 Dale Road. Two fire crews from Haverfordwest as...

News23 hours ago

Tenby: Hotel goes into administration as new owner’s business empire collapses

A POPULAR Pembrokeshire hotel has gone into administration. The Fourcroft Hotel in Tenby how faces an uncertain future. It’s parent...

News1 day ago

Woman rescued from Caldey after suspected arm fracture

A WOMAN, suffering a suspected fractured arm after a fall on Caldey, was taken to hospital on Thursday, August 15....

News3 days ago

Pembrokeshire high streets shortlisted for UK awards

TWO Pembrokeshire high streets have been shortlisted to win up to £15,000 in this year’s Great British High Street Awards....

News3 days ago

National Park in top 10 UK travel experiences

EXPLORING the Pembrokeshire Coast National Park has been named as one of Lonely Planet’s 10 best travel experiences in the...

News3 days ago

Casualty taken to hospital after Caldey rescue

A CASUALTY was taken to hospital following a rescue operation from Caldey Island on Monday, August 12. Posting on Facebook,...

News4 days ago

Pembroke Dock: Cyclist airlifted to hospital following RTC

EMERGENCY SERVICES rushed to Wavell Crescent in Pembroke Dock on Tuesday afternoon (Aug 13) after a young boy on his...

News4 days ago

Police search home of former Carmarthenshire County Council boss Mark James

POLICE OFFICERS have executed search warrants at properties in Carmarthenshire, Swansea, and Kent. Their actions are part of an investigation...

News4 days ago

Withybush: Man arrested after hunt for alleged knifeman

A TWENTY-FOUR-year-old man is being questioned by police following a hunt for an alleged knifeman in Haverfordwest. Police were calling...

News6 days ago

Refinery could be out of action for weeks, costing Valero millions

THE FALLOUT from Friday’s disruption to the national electricity supply across many parts of the UK will be serious for...

Popular This Week