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Accountant, wife and mistress caught in property court battle

by Accountancy Age

28 Apr 2010

A millionaire accountant is caught up in a legal battle over his string of properties with his mistress and his wife.

Both Patricia Rust and Virginia Madden have laid claim to part of the £3.2m property estate of Peter Rust, after the accountant was taken to court by a former client attempting to retrieve £950,000.

David Bampton is trying to enforce the judgement against Mr Rust by making him sell some of his properties. But both Mrs Rust and Madden claim they are entitled to a share of the value of the properties, reports the Daily Mail.

Mrs Rust, who stood by her husband when he was jailed and later acquitted for money laundering, is claiming a 50% interest in the value of her home and six other properties while Madden has her name on a series of properties bought using the joint funds of the Rusts.

Further reading:

Accountant charged over £1.25m fraud scam

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