Collapsed law firm at centre of £39.5m fraud probe2 hours agoVictoria ScheerYorkshire
Simon Thake/BBC A large office building with the name “PM House” displayed prominently on its exterior. The building has a modern, rectangular design with multiple rows of windows and light grey cladding. In the foreground, a tall sign also reads “PM House” in blue lettering on a white background, framed by a dark blue border. Several cars are parked in front of the building, suggesting a business or office complex. Simon Thake/BBC
PM Law had its headquarters on Shepcote Lane in Sheffield

A law firm that collapsed suddenly is being investigated over a "sophisticated suspected fraud" involving the "improper removal and misuse" of £39.5m of client funds, a regulator has said.

Sheffield-based PM Law Ltd, which had 25 offices in Yorkshire, Cumbria, Berkshire, Derbyshire and London, shut on 2 February, leaving hundreds of people out of work and tens of thousands of cases affected.