Former company director denies pension fraud charges

Former company director, Nicholas Marks, has denied allegations he defrauded his workers’ pensions, pleading not guilty to both charges at Southwark Crown Court yesterday (8 May).

Marks was charged with one count of fraud by abuse of position in respect of employees of Clarity Products Ltd, and a further count in respect of employees of Lunar Automotive Ltd.

The charges were brought under Section 4 of the Fraud Act 2006, in a prosecution brought by The Pensions Regulator.

Marks previously appeared at Westminster Magistrates’ Court on the 10 April for the same charges.

A trial has been fixed for Monday 18 May 2026 at Southwark Crown Court.



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