Glam lawyer flees after biggest ever fraud
Glam lawyer flees after 'biggest ever fraud'

A glamorous lawyer has gone missing along with $6.6 million from her clients' accounts.

According to London's Daily Mail, Deidre Newell-Austin stands accused of one of the largest ever frauds.

The 39-year-old, who set up Austin Law just three years after graduating from law school, is believed to have gone abroad.

The Mail reports that Miss Newell-Austin has denied any wrongdoing but her assets have been frozen and her firm closed.

Mother-of-one Diedre Newell-Austin, 39, is accused of one of the largest ever frauds. Photo: Facebook.

Austin Law is now being investigated by the solicitors' watchdog, the Solicitors Regulation Authority, after applications for $6.6 million from at least 15 alleged victims including one couple who claim they have lost $760,000.

Two solicitors employed by the London Metropolitan University graduate are also under investigation by the Solicitors Regulation Authority.

Austin Law, which had premises in Marylebone, north London, was raided in July by authority investigators, the Daily Mail reports. They found the offices had been cleared out and just 11 case files remained.

Miss Newell-Austin has reportedly denied any wrongdoing but her assets have been frozen and her firm closed. Photo: Facebook.

According to the Daily Mail, most of the money was earmarked for property transactions and was supposed to be held only on account by Austin Law, which had a sizeable conveyancing practice.

One couple told the Daily Mail they thought they were buying their dream home when they transferred cash to Miss Newell-Austin's law firm.

The money should have paid off the vendor's mortgage and debts borrowed against the house.

But when they moved into their five-bedroom home in east London last summer bailiffs threatened repossession because the previous mortgage had not been paid off.


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