Rogue estate agent pleads guilty to £157k of offences

Rogue estate agent pleads guilty to £157k of offences

Former estate agent, Russell Baker, has admitted that he is guilty of nine offences of fraud amounting to £157,250.

Mr Baker, who had bought a well-known Estate Agents business called Ashby’s - was investigated by Devon and Somerset Trading Standards Service after complaints relating to tenants deposits, and whether they had been paid into a government approved scheme.

Several landlords also claimed that income from was witheld from them by him despite the properties being occupied and the tenants paying their rent.

It has been reported that one landlord tried to sue the agent privately but Mr Baker managed to convince a civil court that the debt was a company debt rather than a personal one.

According to the The Exeter Daily News, the defendant's financial dealings were hard to unravel because he arranged for all of the monies paid to one of his limited companies to go into the bank accounts of another of his limited companies.


The police then became involved when Baker was alleged to have pocketed a £22,500 deposit which should have gone as a client’s deposit on a house purchase.

Councillor Roger Croad, Devon County Council’s cabinet member with responsibility for Trading Standards said:  “Baker was unscrupulous in deceiving his customers and his friends. Initially some of victims didn’t see themselves as the victim of a crime, but in the end it was their willingness to support this investigation that has produced this successful conviction. This has been a complex process, involving hard work from our officers and also invaluable assistance from Devon & Cornwall Police”.

Baker has now pleaded guilty to amount to  worth of fraud, but sentencing has been deferred until September to allow the former agent time to reimburse the victims under a restraint order made under the Proceeds of Crime Act.

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AbbieP.
AbbieP. 22 Jul 2016

"While house prices in the most expensive eleven boroughs have declined values in the cheapest eleven boroughs continue to rise" - not a nice way to even out the price range. London is overrated as it

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AbbieP.
AbbieP. 21 Jul 2016

And try to profit from your decisions, I may add

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CommercialTrust
CommercialTrust 19 Jul 2016

Retirement investment has always been one of the biggest draws of buy to let. And the buy-to-let demographic is, on balance, older. (Over a third of our applicants are over 50 at the time of application.) It...

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Forrest Wheatey
Forrest Wheatey 11 Jul 2016

I find the time perfect for ever home-owner wannabe. Prices should slowly, but steadily drop, at least for the inner buyer. Making it harder for outsiders to buy properties (the whole Brexit thing means...

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property guru
property guru 11 Jul 2016

Why should Ajay even have to be looking for it. It should be public knowledge. Why is not just publish each years and to were it is and be AUDITED. Accountability.

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property guru
property guru 11 Jul 2016

Surprise suprise

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CommercialTrust
CommercialTrust 30 Jun 2016

This is great news for buyers and investors in a period of significant uncertainty. The 10-year buy-to-let fix at 3.99% in particular is excellent, a clear 100 bps ahead of the nearest competition. Though...

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Lee
Lee 30 Jun 2016

Let's see what happens to north-east property prices when Nissan announce they're leaving.

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DmitriKara
DmitriKara 29 Jun 2016

I just read another article about eviction rising and this was exactly what was on my mind, Housing has become "cat and mouse"...

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DmitriKara
DmitriKara 29 Jun 2016

I am really not surprised. I've seen one too many impudent tenants and in my humble opinion renters have one too many privileges and options to abuse heir landlord in so many ways...

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DmitriKara
DmitriKara 29 Jun 2016

There is still so much uncertainty and I will surely step back and see what's happening before I could make any decisions on my end.

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ChristinaReedUK
ChristinaReedUK 20 Jun 2016

I don't understand why it's always a war between the two sides. Either, way the landlord is probably keeping a detailed inventory and will see the changes you've made. I just don't understand why there...

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