Complaint to Scotland Yard over sale of Queens Park Rangers: Charges of misrepresentation, fraud and embezzlement

According to Agenparl in possession of ample documentation to support the article, a criminal complaint was recently lodged with Scotland Yard for unfaithful patronage, fraud, fraud and embezzlement in connection with the sale of the Queens Park Rangers (QPR) football club. The former majority shareholder, after deciding to sell his stake, had engaged the services of lawyer Kevin Steel of the law firm Mishcon de Reya, known for having handled Lady Diana’s divorce in the past. However, Steel, after serving five and a half years in prison, changed his name to Kevin MacLeod.

According to the agreement between the former shareholder and Steel, the solicitor was to receive £2 million in the event of the club’s promotion to the Premier League, £2.5 million for the transfer of the shares, and £1 million for interest, in exchange for the waiver of loans of £6.5 million. An annual interest of 7 per cent would have brought the total of the deal to around £16 million. However, according to the allegations, Steel unilaterally changed the terms of the deal without the necessary consent, transferring the former shareholder’s shares to an outside company and subsequently selling them to a large group. Despite the club’s promotions, the former shareholder did not receive details or any payment.

Scotland Yard is currently assessing the situation and its implications for the transparency and integrity of legal practices in football, after the complaint was filed.

According to an exclusive by the Mirror, MacLeod, formerly known as Kevin Steele, was kicked out of the law firm Mishcon de Reya in 2008 and subsequently sentenced to five years in prison for his role in an £18.4 million fraud. According to the Mirror, MacLeod also helped falsify documents for a property acquisition at a resort where Wayne Rooney owned a villa.

MacLeod again accused of malpractice by their former business partner, Arpit Ahuja. During the trial in the Central London County Court, Ahuja claimed that Andrews embezzled £55,000 owed to creditors and invested it in other companies. He also claimed that he was kept in the dark about MacLeod’s fraud conviction and his former name.

According to the Mirror, a further aspect of the affair concerns a trial at Southwark Crown Court, in which Kevin Steele (now MacLeod) is accused of helping two men defraud the Swiss EFG Private Bank of some $28 million.

According to the Telegraph, Steele allegedly signed forged documents to convince the bank that one of the clients, Michael Shepherd, possessed three times the amount of the requested loan. Shepherd and his accomplice, Mark Pattinson, have already pleaded guilty to conspiracy to commit fraud, while Steele has yet to answer charges of fraud and abuse of position within the Mishcon de Reya law firm.

The present case, namely the sale of Queens Park Rangers, raises serious questions about transparency in business and sport. The involvement of figures already convicted of fraud, such as Kevin MacLeod (formerly Kevin Steele) raises questions about the regulation of financial and legal activities in the UK. It should be noted that the current value of QPR having its own stadium in central London is in the hundreds of millions of pounds.

Scotland Yard is continuing its investigation, while the British justice system will have to establish whether there have been further violations and frauds in the context of the sale of Queens Park Rangers and other disputed financial transactions such as the recovery of credit by the former shareholder through a prestigious English law firm while also verifying that there have been no further violations and frauds in the recovery of the credit itself.