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MP calls on police to act over deposits missing from collapsed agency

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Thu 16 May 2019

MP calls on police to act over deposits missing from collapsed agency

A local newspaper is reporting anger after £30,000 worth of tenancy deposit money allegedly went missing from an agency.

Jonathan Waters Estate Agents, in Ipswich, is said to have left customers out of pocket after it went into administration last year with the loss of 17 jobs.

Pauline Scott Property Management, which took over managing properties after Jonathan Waters Estate Agents was voluntarily wound up last August, confirmed deposits were missing.

The firm has also said that tenants’ deposits were not paid into authorised protection schemes.

A spokesperson for Pauline Scott Property Management said: “It’s been a total shambles – there were boxes and boxes of paperwork.”

The owner of the Jonathan Waters business, Jane Russell, has not responded to requests for comment, says the Ipswich Star.

Ipswich MP Sandy Martin is aware of the complaints and is calling on the police to take action. He is also considering asking Home Secretary Sajid Javid to give greater powers to Action Fraud.

Jonathan Waters Estate Agents was started by Jonathan Waters in 2002, and was built up into what was at one stage a six-branch business with a high PR profile. He resigned in 2014 when Jane Russell became owner and has had nothing to do with the business since.

A statement of affairs filed last September reported that the company owed over £552,000.