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Director of Preston firm to stand trial accused of defrauding employees’ pensions

Posted on - 9th May, 2024 - 2:38pm | Author - | Posted in - Preston News
Exterior of Southwark Crown Court
Southwark Crown Court (pic: Google Maps)

A former director at a Preston-based firm has denied defrauding his employees’ pensions.

Nicholas Marks, 56, went before Southwark Crown Court yesterday (8 May) and pleaded not guilty to the allegation. He will stand trial at the same court in 2026.

The charge relates to Marks’ time as director of Preston-based Lunar Automotive Ltd, which is described in Companies House as a caravan maker.

Read more: Two men arrested after £35,000 discovered in car near Preston 

Marks, of Heath Road, Beaconsfield, Buckinghamshire, is charged with one count of fraud by abuse of position in respect of employees of London-based social enterprise Clarity Products Ltd, and a further such count in respect of employees of Lunar Automotive Ltd.

He denied both charges, which have been brought by The Pensions Regulator. A trial was fixed for 18 May 2026 at Southwark Crown Court.

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