Estate agent jailed for £69,000 fraud

Stephen Greenwood, 55, pleaded guilty at Warwick Crown Court to four counts of fraud, worth more than £19,000, and asked for a further 59 counts of fraud worth £50,000 be taken into consideration. He was jailed for stealing rental payments from clients for properties he managed. Greenwood had run a letting agency in Rugby since 1985, but ran into severe money problems when a Spanish property investment failed to pay out on time. Prosecutor Michael Hanning told the court Greenwood attempted to prop up his business by "robbing Peter to pay Paul", collecting the rents for properties h...