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Letting agent fraudster ordered to hand over £22k in compensation

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  • 11/04/2018
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Letting agent fraudster ordered to hand over £22k in compensation
A letting agent who skimmed cash from tenants and landlords has been given a month to pay back £22,000 in compensation to his victims or else face a longer jail sentence.

Peter Bell ran the Enfields franchise in Northampton and last year was sentenced to two years in prison after pleading guilty to 11 counts of theft and four counts of fraud.

Bell and his former partner were found to have been convincing clients and landlords to deal in cash, in order to make it easier to divert money – typically deposits and rent – from the company.

This money was then used to lease cars, pay for an expensive rental property and luxury holidays, including a trip to the Monaco Grand Prix.

He has been given until 14th May to hand back £22,000. If he fails to do so, a further year will be added to his sentence.

DS Richard Barnett of Northamptonshire Police’s Financial Investigation Unit said: “We are pleased to be able to compensate some of the loss sustained by the victims of Mr Bell’s crime.

“The Financial Investigation Unit works hard to ensure that crime doesn’t pay and even if you have gone to prison to serve time, we will still come after those assets which have been gained through illegal and criminal activity.”

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