Jayanthi Reddy Saganti
Allegation / charges
Breaches, Client Money, Failures, Solicitors' Accounts Rules
Findings — machine-extracted (anthropic-batch:claude-opus-4-8); verify against the decision
Sole practitioner at Jusprowess Solicitors admitted all allegations under an Agreed Outcome. She dishonestly misappropriated £80,000 from client account over nine months (Jan-Sep 2018) to fund office refurbishment and expenses, repaying it in December 2018. The firm had no proper accounting systems or reconciliations since 2013, failed to replace a minimum client account shortage of £245,100, made £165,100 in payments based on fraudulent (hacked) emails, breached an undertaking to AS Solicitors, and borrowed £80,000 from a client without advising independent legal advice. The Tribunal expressly found dishonesty and no exceptional circumstances, and struck her off the Roll. Costs of £4,000 ordered.
Duties found breached:
- No conflict between current clients
- No improper use of client money
- Accounting records, reconciliation and reports
- Firm governance, systems and compliance
- Honour professional undertakings
Aggravating factors:
- Dishonest conduct
- Misappropriation of client money over a sustained nine-month period
- Respondent was COLP, COFA and MLRO at the firm
- Accounting failures persisting since 2013 with no reconciliations ever performed
Duties engaged
- Honesty
- Professional independence
- No bribery or improper gifts
- Personal probity and fitness to practise
- Uphold public trust in the profession
- No unlawful discrimination or harassment
- Act in the client's best interests
- Advise objectively, not a mere conduit
- No conflict between current clients
- No improper benefit, loan or bequest
- No improper use of client money
- Accounting records, reconciliation and reports
- Account for interest on client money
- Firm governance, systems and compliance
- Professional indemnity insurance
- Honour professional undertakings