A former law firm director Nural Miah has been hit with a multi million pound penalty after a regulatory investigation uncovered extensive misuse of client money.

Mr Miah, 40, has been fined £3,984,440 and ordered to pay £41,670 in costs by the Solicitors Regulation Authority (SRA). The fine follows the closure of Kingly Solicitors, a firm based in London previously owned by Miah, in 2020.

Despite not an actively practising solicitor, he was listed as a director of the firm, which operated 15 branches. The business was initially incorporated as RH Legal (Bristol) Limited in 2016 before being renamed Kingly Solicitors in 2019.

The SRA’s investigation found 310 unauthorised transfers from client accounts to companies linked to Mr Miah. These funds were used to repay personal loans and purchase luxury vehicles.

To conceal the activity, Miah also submitted forged financial documents, according to the regulator.

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