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Bradford estate agent banned after fraud conviction
7:00am Wednesday 18th December 2013 in News
A Bradford estate agent has been banned from the industry by the Office of Fair Trading (OFT) after being convicted of fraud.
The Government department made a prohibition order against Nathan Priestley, under section three of the Estate Agents Act 1979.
Priestley was the sole director of Priestley and Co Ltd, based in Southbrook Terrace, Great Horton. He was convicted of conspiracy to conceal and/or convert criminal property.
Following his conviction, the OFT carried out its own investigation under the Estate Agents Act 1979 and determined that Mr Priestley was unfit to carry on estate agency work. Mike Coates, assistant director in the OFT’s goods and consumer group, said: “This was a serious offence and a reminder to all estate agents that by committing acts of fraud or other dishonesty they are likely to face a ban from the profession.”