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Trio are charged by the Serious Fraud Office

Serious Fraud Office charges three men in connection with collapse of investment fund

The Serious Fraud Office has charged three men in connection with the collapse of an investment fund. 

Former solicitor Timothy Schools, 59, David Kennedy, 67, and 47-year-old Richard Emmett are facing different charges ranging from fraud to transferring criminal property. 

Collapse: The SFO alleged the trio had diverted money from the Axiom Legal Financing Fund for their own benefit

The SFO alleged the trio had diverted money from the Axiom Legal Financing Fund for their own benefit. 

The charges follow a three-year investigation by the SFO into the case. 

The accused’s lawyers have been contacted for comment. 

The case is listed for September 30 at Westminster Magistrates’ Court.

Read more at DailyMail.co.uk