Mother and daughter lettings agency fraudsters have been told to expect jail sentences after defrauding landlords and tenants of £266,000 over eight years.
Angela and Elizabeth Treneer, aged 72 and 38 respectively, co-owned Premier Property Management in Truro, Cornwall.
Elizabeth Treneer has already admitted two charges of participating in a fraudulent business and perverting the court of justice; now, this week, her mother has changed an earlier plea to admit fraud by dishonestly abusing her position as a letting agent and receiving £10,000 person gain from the fraud.
In 2017 Premier Property Management was accused by the BBC of owing more than £35,000 to tenants and landlords.
When approached by a BBC journalist on camera, Ann Treneer declined to comment; however, she later told the BBC that the money was in a ring-fenced account from which she claimed she would refund her clients. However, no money was returned.
A subsequent investigation by Cornwall Trading Standards led to the case escalating when further missing monies were reported.
Prior to the BBC programme Premier Property Management had been referred to The Property Ombudsman by several landlords over missing monies.
TPO expelled the agency for failing to pass on rental payments and delaying the hand over of deposits. Premier Property Management failed to pay seven compensation awards and did not respond to TPO's communications.
The mother and daughter will appear in court later this month where they have been told to expect custodial sentences.