Axiom Ince Winding Down Operations Amid Financial Misconduct Allegations

Axiom Ince, known for purchasing troubled UK law firms such as Ince & Co and Plexus Law, is reportedly winding down its operations within the week. This information is based on details provided by three individuals privy to the situation. The closure of the firm comes in the wake of serious financial misconduct allegations laid against its former managing partner and owner, Pragnesh Modhwadia. Modhwadia is believed to have siphoned off more than £64 million from the firm’s client account. Read more here about the investigation and impending closure of Axiom Ince.