The supercar tycoon denies withholding information from a fraud investigation into a car leasing company
The supercar tycoon is said to have withheld information from a fraud investigation into a car leasing company that collapsed with £28million in debt.
Sunday Times Rich List millionaire Tom Hartley is described on his website as “the ultimate name in luxury, performance and classic cars”.
He appeared in Westminster Magistrates’ Court on Friday, where he pleaded not guilty to charges of failing to comply with a request from the Director of the Serious Fraud Office (SFO) investigating the Raedex Consortium.
Raedex, which owned companies such as Buy2Let Cars, PayGo Cars, Wheels4Sure and Rent2Own Cars, has been under investigation following bankruptcy proceedings since 2021.
Thousands of investors lost their savings after the company allegedly used their money to lease cars to people with poor credit ratings.
The SFO said Hartley is suspected of possessing information on a suspect in the case and has been asked to do so by investigators four times.
Hartley, 61, who runs his company Tom Hartley Cars in Overseal, south Derbyshire, will face a trial at London Magistrates’ Court in October.
https://www.standard.co.uk/business/business-news/supercar-tycoon-denies-withholding-info-from-fraud-probe-into-car-leasing-firm-b1083983.html The supercar tycoon denies withholding information from a fraud investigation into a car leasing company