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Conveyancer banned for taking kickbacks – London Wallet

Mark Helprin by Mark Helprin
November 29, 2023
in Real Estate
Conveyancer banned for taking kickbacks – London Wallet
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A conveyancing assistant who took kick-backs from a search company without telling the law firm he worked for been barred from working in the profession.

Stuart Farrar, who worked for Hughes & Company in Hertfordshire for two and a half years until last November, obtained commissions from the third party coming to £3,325 when he knew employees were not allowed to do this. He did not account to the firm or its clients for these payments.

In May last year, Farrar had also asked for and received a cash payment of £500 from a client which he said was on account of costs. The client had already paid the firm £750 and no further costs were due.

He then offered two other clients a discount on abortive conveyancing costs if they paid him in cash.

It is understood that the company has reimbursed all monies requested by Farrar in full.

The Solicitors Regulation Authority concluded that Farrar had been dishonest and had acted without integrity. He was made subject to a section 43 order preventing him working for any regulated entity without obtaining SRA permission. He must also pay back a proportion of the SRA’s £1,350 costs.

 




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