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Man applied for Covid loan for firm - and transferred money into his own bank account

A MAN who worked for a Bradford solicitors’ firm transferred a loan he applied for on behalf of the company into his own bank account.

Fee-earner banned for pocketing Covid bounce back loan | News

Fee-earner banned for pocketing Covid bounce back loan | News
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SDT decisions and interventions

The SDT ordered that the respondent should pay a fine of £2,000. While in practice as a partner at Lawrence Stephens Solicitors, in relation to the litigation he was conducting on behalf of client A, the respondent had made misleading statements to the court in a witness statement and in doing so had breached principles 1, 2, 4, 5 and 6 of the SRA Principles 2011. The respondent’s misconduct had been the result of an inadvertent error and carelessness; there had been no planning; there had been no financial motivation, and there had been no breach of trust, though there had been a breach of duty to the court. It was a single episode of brief duration in an unblemished career.

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