Solicitors who received money from Cayman Island fund are struck off
Four solicitors have been struck off after a tribunal ruled they took out “excessive and reckless” loans from a Cayman Island investment fund.
The Solicitors Disciplinary Tribunal struck off Richard Emmett, Louise Emmett, Matthew Stokes and Mary Hunter.
The four Preston based solicitors have also been ordered to cost of the tribunal which came to £252,000.
David Rae and Dale Stephenson have also been banned from working in the legal profession and ordered to pay fines of £200,000 and £50,000 respectively.
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