'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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Latest Comments

Paul
Paul 25 May 2016

Estate agents are pathetic when it comes to fees. They have this 'I had to do it at 1% because that's what the others were quoting' mentality. We are the most expensive agents in our area, charging double...

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HMO Midlands Landlady
HMO Midlands Landlady 24 May 2016

Tenants disappearing into the night is common from shared houses ( licensed and un-licensed HMO's) often when they owe considerable rent- they remove all their possessions, leave key in room and tell other...

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CommercialTrust
CommercialTrust 20 May 2016

With the bulk of the market controlled by large developers, profit rather than necessity determine the pace at which homes are built. There are hundreds of thousands of plots that have planning permission...

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Johna
Johna 20 May 2016

"Easier said than done" is what I would say. Of course, it would be more than great to have more in quality and affordability, but I do not trust talk anymore.. What is said is not what is happening.

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Johna
Johna 20 May 2016

in my humble opinion being fair like THE most important! I myself have had bad experience with unfair landlords... not to mention that I know how to do a proper end of tenancy cleaning since I am a fantastic...

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richardrawlings
richardrawlings 18 May 2016

NB - even if we doubled our commission levels in the UK, we'd still be by far the cheapest agents in the entire world.

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Agent_PeeBee
Agent_PeeBee 18 May 2016

Clueless. Someone needs to take these people's computers away from them so they can do no more harm than they already have.

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richardrawlings
richardrawlings 18 May 2016

Nonsense! The cost of selling a house nowadays has little bearing on the fees charged. Don't believe your own spin on this. Fees have spiralled down to pathetic levels in areas where weak agents have allowed...

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Simon Oliver
Simon Oliver 16 May 2016

The best solution is to buy a property that has built-in income generating potential: a nice house with a couple of gites in the grounds is a good start. In France, the rune of thumb is that one 2-bedroomed...

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WPD
WPD 12 May 2016

I suggest the answer is to have the notary system being one legal person who represents both parties. Having experienced it a couple of times in France it was a dream compared to our dysfunctional system....

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warren
warren 03 May 2016

It's enough to make me weep into my Pimm's :(

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james anderson
james anderson 03 May 2016

The sad demise of the croquet lawn...

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