A FINANCIAL adviser is being pursued for £158,000 under the Proceeds of Crime legislation.
Legal chiefs have launched the action to recover the cash Angela Lauder stole from her clients in order to try and save her business.
The 43-year-old from Selkirk in the Borders is currently serving a 16-month jail sentence at Cornton Vale after she admitted stealing the money over a two-year period.
Now the Crown Office has instigated proceedings under the Proceeds of Crime Act to recoup the whole £158,666 which Lauder stole while acting for a husband and wife.
The case called at Selkirk Sheriff Court but was continued for seven weeks after defence lawyer Keith Leishman requested more time to ascertain the value of property owned by Lauder.
Lauder was acting for a husband and wife when she withdrew the money from their Friends Provident investment fund and paid it into her own account.
The Proceeds of Crime hearing has been adjourned until May 27.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article