Two north-east businessmen have denied breaching finance law in connection with funds totalling £3.6 million.
Dennis Laing and Calum Moir, who were partners at Banchory-based financial firm Asset Assured, maintained not guilty pleas to the charge against them when their case called at Aberdeen Sheriff Court.
Court papers state that Laing, 51, and Moir, 60, used Asset Assured to accept deposits amounting to £3,665,000.
They are then alleged to have loaned those deposits to third parties at interest and “carrying on that activity without being an authorised or exempt person”.
Trial date to be set
The allegations against them are said to have happened between January 1 2012 and June 10 2014, from the firm’s base at Banchory Business Park and elsewhere within the UK.
Neither man was present in court when their case was called but solicitors representing them asked for an existing trial diet to be changed to a notional trial diet, at which new trial dates can be set.
Moir, of Chestnut Lane, Banchory, and Laing, of Highborn House, Hillhead of Daviot, had their attendance excused at the next calling of their case.
A trial date will be set next month.
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