A paedophile who claimed he was too broke to pay his victims is linked to £1.2m property firm, funded by a family business that includes the NHS and Sheffield United Football Club among its clients.
Todros Grynhaus, who avoided paying compensation to his victims nine years ago by claiming he had no assets, is now linked to a lucrative property portfolio funded by a company run by his wife, which provides financial services to clients including the NHS, Jewish News can reveal.
Grynhaus was jailed in 2015 for seven counts of sexual abuse against two underage girls between 1996 and 2004. At the time, Manchester Crown Court ordered him to pay £80,000 in compensation and £35,000 in prosecution costs. But in 2018, a district judge discharged the orders, citing Grynhaus’s lack of assets and a letter from Fastpay Ltd – founded by Grynhaus – stating it had “no legal obligation” to assist him financially.
Now, Jewish News can reveal that more than £1 million was recently transferred from Fastpay Ltd to another firm, Heywood Investments Limited, which subsequently purchased four houses in the Greater Manchester area.
Two of those homes, believed to be owned by Heywood, were the subject of a recent Manchester Evening News report highlighting that Grynhaus was living in one while renting the other out on Airbnb, opposite a children’s playground.
Heywood Investments, incorporated in 2022, is co-directed by Grynhaus and his wife Leah, who also serves as a director of Fastpay Ltd. Company accounts for Heywood ending January 2024 list £1,227,741 in investment properties, with “note 7” of the accounts stating the firm owes £1,225,374 to “companies in which the director is also a director” – a description which appears can only refer to Fastpay. Companies House does not list either Grynhaus as being linked with a third company.
Fastpay’s website lists clients across a broad range of sectors, including “Premiership football clubs”, the NHS and national media outlets. A glowing testimonial from a Sheffield United representative remains on its homepage.
Grynhaus has not served as a director of Fastpay since 2013, two years before he was sentenced to prison. He was released in 2022 after serving just over half his sentence and was briefly recalled to jail later that year for breaching licence conditions. He was released again in 2023.
In a 2018 ruling on the compensation discharge, the district judge noted Fastpay had confirmed in writing that it was “unable and unwilling” to help Grynhaus pay the victims, a stance reiterated in court by the company’s legal team.
Fastpay Ltd is yet to respond to an approach for comment made last week.
