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MattW

Another Crooked Lettings Agent Jailed

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Respite from the Brexit bruhaha...

Regulating the Private Rentals sector cannot come soon enough!

http://www.24dash.com/news/housing/2016-06-28-Bent-letting-agent-jailed-for-elaborate-rent-and-deposit-scam

A letting agent who made more than £220,000 out of an “elaborate” rent and deposit scam has been jailed for four and a half years.

Martin Marcus fronted a string of letting agencies and used a number of aliases to rip off landlords and tenants alike claiming their cash was held in “ring fenced” client account.

But, over a complex four year investigation, trading standards officers from London’s Barnet Council found transactions from the account included payments to Virgin Active, Easyjet, payments in Spain and payments to mobile phone companies.

In one scam Marcus even attempted to let out the house he was being evicted from- for the non-payment of rent.

4 and a half years - a slap on the wrist.

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