Jail for solicitor who stole money from friends


Theft: Solicitor abused friends’ trust

A solicitor who stole thousands from friends he acted for and laundered money stolen from a grandmother has been jailed.

David Grant was found guilty of money laundering, breaching money laundering regulations and theft. He was sentenced at Leicester Crown Court to two years for the theft, 12 months for the money laundering and three months for the regulatory breach, all to run concurrently.

In 2015, the now 70-year-old was trusted by two of his friends to act as their solicitor to oversee of the sale of their business. Rather than act in a professional manner, the court said Mr Grant abused their trust and stole £95,740 from them.

The investigation also uncovered that he’d colluded with a 41-year-old man who stole £6,000 from his grandmother. Mr Grant laundered this cash through his own bank accounts.

The police said that, although the solicitor was charged in 2015, the investigation had to overcome “a number of professional and judicial challenges”.

For one, his case could not proceed heard until his criminal associate had been dealt with — who eventually pleaded guilty to fraud and money laundering offences and was given a two-year suspended sentence and 160 hours community service.

DCI Ed McBryde-Wilding, from the East Midlands Special Operations Unit, said: “The lengthy process undoubtedly frustrated Grant’s victims, along with the witnesses who were prepared to attend court and give evidence, so I’m glad they have finally seen justice…

“Following the money can often be a long and arduous task, but it almost always pays off.”

He said the next step would be to bring Proceeds of Crime Act proceedings against Mr Grant.

The Solicitors Regulation Authority will also now investigate his actions.




Leave a Comment

By clicking Submit you consent to Legal Futures storing your personal data and confirm you have read our Privacy Policy and section 5 of our Terms & Conditions which deals with user-generated content. All comments will be moderated before posting.

Required fields are marked *
Email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Reports

Our latest special report, produced in association with Temple Legal Protection, looks at the role of after-the-event (ATE) insurance in commercial litigation post-LASPO. We are at a time when insurers, solicitors, clients and litigation funders work ever more closely to create funding packages that work for all of them, with conditional fee and even damages-based agreements now part of many law firms’ armoury.

Blog

16 January 2020

Making Tax Digital throws spotlight on outdated legal IT systems

The first year of Making Tax Digital for VAT, known as the soft landing period, ends this April. During these first 12 months, firms without a compliant legal accounts package have used bridging software.

Read More

Loading animation