'Thoroughly dishonest' agent jailed for 10 months

'Thoroughly dishonest' agent jailed for 10 months

Branded 'thoroughly dishonest' by the judge who sentenced him, rogue estate agent, Stephen John Jones is now behind bars for 10 months as a result of trying to swindle an 89-year-old woman by buying her flat in his wife's name for £10,000 less than he intended to sell it.

Jones - who used to run Conwy Estate Agents before its closure- pleaded guilty to attempting carrying out a “back to back sale”.

Jones received a genuine offer of £27,000 for the flat which he failed tell the pensioner, who intended to use the money to pay for her nursing home costs.

Thankfully, the transactions didn't go through after police discovered the fraud, following a tip-off.

Caernarfon Crown Court heard that the 89 year old owner of a flat in Colwyn Bay was in a nursing home; her flat was advertised in Jones’s agency and was to be sold for £17,000 at the end of 2014.

It came to light that Jones was selling the property to his wife. There was the alleged intention to then enter a so-called back-to-back sale, for as much as £27,000. However, the sales were halted when the police became involved.


Defending, Owen Edwards, reported that Jones was a hard working family man, building up his business and renovating properties for other people.

The Wales Daily Post quotes Mr Edwards who said: “As a result of that work he became an estate agent because there were advantages in having ‘a one stop shop’. But he was to discover he was a far better property developer than an estate agent.

At the end of 2014 he was taking active steps to cease trading as an estate agent.” Mr Edwards added: “He’s entirely aware he’s the author of his own misfortune. It’s a case where others will suffer as a result.”

However, Judge Harris-Jenkins told Jones he had acted “in a thoroughly dishonest manner” which could have been to the detriment of an elderly woman needing the cash to pay for her care.

Jones was jailed for 10 months.

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

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SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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Bertrand
Bertrand 02 Jun 2017

How about the Welsh Govt introducing a scheme to protect landlords against "rogue" tenants who are then taken to court for criminal damage to the properties they trash. Pretty unlikely I suspect and politically...

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AmberMorris
AmberMorris 25 May 2017

"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

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Oliver Conway
Oliver Conway 18 May 2017

Making a neat inventory is a good idea, but if the seller is not willing to provide it, can the buyer demand it?

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