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OFT bans estate agent for theft and fraud

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OFT bans estate agent for theft and fraud

The OFT has issued a prohibition order banning a Buckinghamshire estate agent from estate agency work.

John Jeffrey, of High Wycombe, has been banned after he was convicted of an offence of theft against his former employer, the Frost Partnership.

49 year-old Mr Jeffrey was sentenced to eight months imprisonment at Aylesbury Crown Court on the 17th of March 2009.

The OFT adjudicator noted that the offence was planned and, according to the judge, took place over a number of years and was for Mr Jeffrey’s personal gain. The adjudicator also said that his activities posed significant risks for consumers and he is unfit to practise estate agency work.

Mike Haley, the OFT Director of Consumer Protection, said: “This was a serious offence and a reminder to all estate agents that by engaging in acts of fraud or other dishonesty they are likely to face a ban from the profession. We take any complaints about estate agents very seriously and will take action to ensure consumer protection and confidence.”


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