My Deposits is calling on enforcement agencies to work with it and other tenancy deposit schemes to crack down on fraudulent landlords and agents.
The call comes after My Deposits claims to have helped prevent over £300,000 worth of deposits being stolen.
The firm’s chief executive, Eddie Hooker, CEO, says this is the amount saved as a result of “hard work and doggedness” to gather and pass on evidence to Milton Keynes Trading Standards last year. It helped convict a letting agent who received an 11 month jail sentence after admitting 25 counts of fraud involving landlords and tenants.
“Over recent years we’ve developed a comprehensive and effective approach to identifying members who try to bend rules.
We work with Police and Trading Standard’s Officers in England and Wales as they seek to understand how the different TDP schemes operate and then obtain sufficient evidence against ‘rogue’ businesses” says Hooker. My Deposits says there are over a dozen other cases still pending prosecution where the firm is providing assistance to catch out rogue landlords and agents.
.png)
Comments