Advertisement

JTR & W Baines Convicted of Theft

by isleofman.com 25th January 2011
After pleading guilty, John Trevor Roche Baines was convicted of 5 counts of theft in relation to ?770,000 stolen from Hermitage Securities Limited and Euros 43,383.95 from Mr. Henry Charles Taylor. His wife Wendy Nicolau De Almeida Baines was also convicted after pleading guilty to the theft of ?400,000 from Hermitage Securities Limited. Detective Sergeant Lynne Skelly of the Isle of Man Police Financial Crime Unit, said: ''This was a serious breach of trust by Mr and Mrs Baines who stole considerable funds from client bank accounts under their control. Trustees are key players in ensuring that the Isle of Man has a positive financial reputation. This conviction sends out a strong message to the international financial community that the Island will not tolerate such criminal conduct”. ENDS
Posted by isleofman.com
Tuesday 25th, January 2011 04:25pm.

Popular Articles

Upcoming Events

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
3 May

Bridge Club

Monday is Bridge Day at the Onchan Pensioner's Social Club   We have two bridge clubs that meet on a weekly...
5 May
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide