{"id":669031,"date":"2026-07-02T02:43:14","date_gmt":"2026-07-02T02:43:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/669031\/"},"modified":"2026-07-02T02:43:14","modified_gmt":"2026-07-02T02:43:14","slug":"sheffield-pm-laws-financial-head-banned-amid-39-5m-fraud-probe","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/669031\/","title":{"rendered":"Sheffield PM Law&#8217;s financial head banned amid \u00a339.5m fraud probe"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The former head of finance of a firm at the centre of a \u00a339.5m fraud investigation has been banned from working at law firms.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Sheffield-based PM Law Ltd, which had offices across the country, closed suddenly in February, leaving hundreds of employees out of work and tens of thousands of clients in limbo.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Solicitors Regulation Authority (SRA) said on Tuesday that Jonathon Bostock, who was also PM Law&#8217;s compliance officer, had allowed improper client account withdrawals and had fabricated account balances.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Bostock, who is not a solicitor but a chartered accountant, was also ordered to pay \u00a31,350, the SRA said, with its wider investigation &#8220;ongoing&#8221;. Bostock has been approached for comment.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The SRA previously said as much as \u00a339.5m in client money could be missing from the PM Law group, which entered voluntary liquidation on 3 March.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The group consisted of 11 companies, 25 offices and more than 30 trading names, and included firms such as Proddow Mackay, Butterworths Solicitors and WB Pennine Solicitors across Yorkshire, Cumbria, Berkshire, Derbyshire and London.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It specialised in personal injury, wills and conveyancing and, according to its website, employed more than 600 members of staff.<\/p>\n","protected":false},"excerpt":{"rendered":"The former head of finance of a firm at the centre of a \u00a339.5m fraud investigation has been&hellip;\n","protected":false},"author":2,"featured_media":669032,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-669031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/669031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=669031"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/669031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/669032"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=669031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=669031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=669031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}