“A police community support officer (PCSO) has been jailed for nine months after he laundered tens of thousands of pounds from a brothel run by his prostitute wife.”
Daily Telegraph, 21st March 2011
Source: www.telegraph.co.uk
Archive for the 'money laundering' Category
PCSO jailed after laundering cash from brothel – Daily Telegraph
Published March 21, 2011 community support officers , money laundering , news , sentencing Leave a CommentProstitution ring boss Thomas Carroll faces £1.9m order – BBC News
Published March 14, 2011 money laundering , news , proceeds of crime , prostitution Leave a Comment“A man who ran an international prostitution ring has been told to hand over nearly £2m of his criminal profits or face another 10 years in jail.”
BBC News, 14th March 2011
Source: www.bbc.co.uk
Safety deposit pair who held millions for gangs jailed – BBC News
Published March 7, 2011 firearms , money laundering , news , possession of false identity documents , sentencing Leave a Comment“The director of three safety deposit box centres in London has been jailed for four-and-a-half years after raids in which police seized £500m in assets.”
BBC News, 7th March 2011
Source: www.bbc.co.uk
Sports editor jailed for £370k scam – The Independent
Published February 7, 2011 false accounting , money laundering , news , sentencing Leave a Comment“A former sports editor was jailed today after defrauding a national newspaper of more than £370,000.”
The Independent, 7th February 2011
Source: www.independent.co.uk
Grantham lawyer jailed for theft and money laundering – BBC News
Published January 14, 2011 money laundering , news , sentencing , theft Leave a Comment“A Lincolnshire solicitor who stole £214,000 from clients including her grandmother, has been jailed for three years.”
BBC News, 13th January 2011
Source: www.bbc.co.uk
Respected police sergeant led double life as ‘mob boss in uniform’ – Daily Telegraph
Published November 5, 2010 drug offences , gangs , money laundering , news , police Leave a Comment“Salim Razaq, 31, became a ‘mob boss in police uniform’ after taking charge of a drug and money-laundering racket when his younger brother, Hafiz, was jailed for kidnapping a rival gang member during a brutal turf war.”
Daily Telegraph, 5th November 2010
Source: www.telegraph.co.uk
Surrey rogue trader jailed for defrauding elderly – BBC News
Published September 15, 2010 consumer protection , fraud , money laundering , news , sentencing Leave a Comment“A rogue trader has been jailed for more than five years in what is thought to be the longest term handed out for a trading standards prosecution.”
BBC News, 14th September 2010
Source: www.bbc.co.uk
Ten years in jail for immigration fraudster – Home Office
Published September 15, 2010 fraud , immigration , money laundering , perverting the course of justice , press releases , sentencing , visas Leave a Comment“A Hounslow man was today jailed following a UK Border Agency investigation which revealed he set up bogus companies to allow immigrants to extend their visas.”
Home Office, 14th September 2010
Source: www.homeoffice.gov.uk
Ex-boss jailed for stealing £250,000 from charity – The Independent
Published August 23, 2010 charities , fraud , money laundering , news , sentencing , theft Leave a Comment“A former senior official at a charity founded by the Prince of Wales was jailed for three years today after he admitted stealing £250,000.”
The Independent,
Source: www.independent.co.uk
RBS handed FSA’s biggest fine for money laundering lapses – The Guardian
Published August 3, 2010 banking , financial regulation , money laundering , news Leave a Comment“Royal Bank of Scotland has been fined £5.6m by the Financial Services Authority for failing to adequately screen customers and payments to prevent its banks – RBS, NatWest, Ulster Bank and Coutts – from being used for money laundering or the financing of terrorist activities.”
The Guardian, 3rd August 2010
Source: www.guardian.co.uk
Regina v Rollins – WLR Daily
Published August 2, 2010 financial regulation , insider dealing , law reports , money laundering , Supreme Court Leave a CommentRegina v Rollins [2010] UKSC 39; [2010] WLR (D) 210
“The power of the Financial Services Authority to institute criminal proceedings was not limited to the offences referred to in ss 401 and 402 of the Financial Services and Markets Act 2000; in particular the FSA had power to prosecute offences of money laundering under ss 327 and 328 of the Proceeds of Crime Act 2002.”
WLR Daily, 30th July 2010
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
Romanians jailed for making their children beg and steal – The Guardian
Published August 2, 2010 benefits , child cruelty , fraud , money laundering , news , sentencing , trafficking in human beings Leave a Comment“A Romanian couple who exploited their seven children as beggars and thieves in and around London have been jailed at Reading crown court for two and a half years for child cruelty.”
The Guardian, 30th July 2010
Source: www.guardian.co.uk
Financial adviser jailed over Teesside pensions fraud – BBC News
Published July 23, 2010 fraud , money laundering , news , sentencing Leave a Comment“A financial adviser who defrauded vulnerable and elderly clients on Teesside out of more than £300,000 has been jailed for three years.”
BBC News, 22nd July 2010
Source: www.bbc.co.uk
Property salesman jailed over money laundering – The Independent
Published March 4, 2010 money laundering , news , sentencing Leave a Comment“A man who tried to smuggle nearly £60,000 of cash out of the country in his underpants was jailed for four years today.”
The Independent, 3rd March 2010
Source: www.independent.co.uk
Shah and another v HSBC Private Bank (UK) Ltd – WLR Daily
Published February 8, 2010 appeals , banking , law reports , money laundering Leave a CommentShah and another v HSBC Private Bank (UK) Ltd [2010] EWCA Civ 31; [2010] WLR (D) 27
“Where a bank claimed, for the purposes of the Proceeds of Crime Act 2002, to entertain ‘suspicion’ about money-laundering concerning a proposed transaction on a customer’s account, and had failed to carry out instructions promptly, a customer might be entitled to proceed with a claim in breach of contract or duty.”
WLR Daily, 5th February 2010
Source: www.lawreports.co.uk
Please note once a case has been reported in one of the ICLR series the corresponding WLR Daily summary is removed.
Couple jailed for multi-million prostitution ring – The Independent
Published February 5, 2010 conspiracy , money laundering , news , prostitution , trafficking in human beings Leave a Comment“A couple who ran a multi-million-pound prostitution ring of trafficked young women and girls were behind bars today.”
The Independent, 4th February 2010
Source: www.independent.co.uk
Drugs gang ringleader sentenced – BBC News
Published October 16, 2009 drug offences , fraud , money laundering , news , sentencing Leave a Comment“A 37-year-old man from Kent who was the ringleader of an international crime gang smuggling illegal drugs into the UK has been jailed for nine years.”
BBC News, 15th October 2009
Source: www.bbc.co.uk
Regina v Rollins; Regina v McInerney – WLR Daily
Published October 14, 2009 appeals , law reports , money laundering , proceeds of crime , prosecutions Leave a CommentRegina v Rollins; Regina v McInerney
“The Financial Services Authority had the power to prosecute offences beyond those referred to in ss 401 and 402 of the Financial Services and Markets Act 2000 and, in particular, it had the power to prosecute for offences contrary to ss 327 and 328 of the Proceeds of Crime Act 2002.”
WLR Daily, 13th October 2009
Source: www.lawreports.co.uk
Please note once a case has been reported in one of the ICLR series the corresponding WLR Daily summary is removed.
HM Treasury announces call for evidence, to inform Review of Money Laundering Regulations 2007 – HM Treasury
Published October 12, 2009 money laundering , news Leave a Comment“HM Treasury has today published a call for evidence on the Money Laundering Regulations 2007 and of the UK’s anti-money laundering policies and procedures under them. The Call is designed to help inform a review of the Regulations, and look at how effective and proportionate the UK’s anti-money laundering rules are.”
HM Treasury, 9th October 2009
Source: www.hm-treasury.gov.uk
Drugs money launderer hid £500,000 in washing machine – The Independent
Published August 26, 2009 money laundering , sentencing Leave a Comment“A crime boss who tried to launder more than £500,000 of drug money using a washing machine was jailed for four and a half years today.”
The Independent, 25th August 2009
Source: www.independent.co.uk
Football is ‘vulnerable’ to money laundering, but no names named – The Guardian
Published July 1, 2009 money laundering , news , sport , tax evasion Leave a Comment“Today’s report by the Financial Action Task Force raises the spectre, in calm, plain language, that football is vulnerable to criminals, who might take over beloved local clubs or use the transfer system to launder dirty money or evade tax.”
The Guardian, 1st July 2009
Source: www.guardian.co.uk
Man jailed for role in drug ring – BBC News
Published June 30, 2009 drug trafficking , money laundering , news , sentencing Leave a Comment“The first man to be extradited from Colombia to the UK has been jailed for five-and-a-half years for helping a drugs ring launder its huge profits.”
BBC News, 29th June 2009
Source: www.bbc.co.uk
Man jailed over erectile dysfunction drugs – The Independent
Published June 9, 2009 money laundering , news , sentencing Leave a Comment“A former bankrupt businessman who funded a luxury lifestyle by selling millions of pounds worth of unlicensed Viagra-like drugs over the internet was jailed for two years yesterday.”
The Independent, 9th June 2009
Source: www.independent.co.uk
Regina v Darwin (Anne) Regina v Darwin (John) – Times Law Reports
Published April 1, 2009 appeals , fraud , law reports , money laundering , sentencing Leave a CommentRegina v Darwin (Anne) Regina v Darwin (John)
Court of Appeal (Criminal Division)
“In sentencing for fraud, a judge was right to take into account the harm done to individuals who might not have lost financially but on whom the crime had had a devastating impact.”
The Times, 1st April 2009
Source: www.timesonline.co.uk
Mastermind of Britain’s biggest stolen car ‘ringing’ scam jailed – Daily Telegraph
Published March 13, 2009 money laundering , news , sentencing , trade marks Leave a Comment“The mastermind behind Britain’s biggest stolen car ‘ringing’ operation, worth more than £38 million, has been jailed for six-and-a-half years.”
Daily Telegraph, 12th March 2009
Source: www.telegraph.co.uk
Drugs boats fraud woman sentenced – BBC News
Published March 6, 2009 fraud , money laundering , news , sentencing Leave a Comment“A mother-of-three, whose business made more than £20m from selling high speed boats to drugs cartels, has been given a two-year suspended prison sentence.”
BBC News, 5th March 2009
Source: www.bbc.co.uk
FSA fines manager in anti-money laundering failure – The Times
Published October 30, 2008 financial regulation , money laundering , news Leave a Comment“The Financial Services Authority (FSA) has fined a senior manager of Sindicatum Holdings, the financial advisory and asset management firm, nearly £20,000 for failing to have adequate anti-money laundering controls in place.”
The Times, 29th October 2008
Source: www.timesonline.co.uk
Regina v Mehta; Regina v Sharman; Regina v Reardon; Regina v Ratcliff – Times Law Reports
Published October 3, 2008 fraud , law reports , money laundering , proceeds of crime , sentencing Leave a CommentRegina v Mehta; Regina v Sharman; Regina v Reardon; Regina v Ratcliff
Court of Appeal (Criminal Division)
“Money-launderers who offered a service to numerous criminals via bureaux de change or hawala banking were often as culpable as the criminals generating the money, if not more so, and often more culpable than those who handled the proceeds of a particular fraud.”
The Times, 3rd October 2008
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
Canoeist wife launches appeal bid – BBC News
Published August 13, 2008 appeals , fraud , money laundering , news Leave a Comment“Anne Darwin, the wife of canoeist John Darwin, has lodged an appeal against her conviction and sentence for fraud and money laundering.”
BBC News, 12th August 2008
Source: www.bbc.co.uk
Six jailed after laundering £15m – BBC News
Published August 8, 2008 money laundering , news , sentencing Leave a Comment“Six businessmen have been jailed for laundering more than £15m stolen from NatWest bank.”
BBC News, 7th August 2008
Source: www.bbc.co.uk
Church conmen jailed for £3.2m swindle of faithful – The Times
Published March 11, 2008 fraud , money laundering , news , sentencing Leave a Comment“A gang of Seventh-Day Adventists who conned millions of pounds from fellow churchgoers to fund a life of wild extravagance have been jailed.”
The Times, 11th March 2008
Source: www.timesonline.co.uk
Good intentions going up in smoke? – The Times
Published January 29, 2008 money laundering , special report Leave a Comment“It is only just over six weeks since the new regime came into force — but already cracks have begun to emerge in the regulations to clamp down on money laundering by fraudsters and terrorists. The regime is proving costly to implement and risks catching innocent people in its net. But is it proving its worth?”
The Times, 29th January 2008
Source: www.timesonline.co.uk
Believers lost “lost £3million to Christian conmen” – The Times
Published January 9, 2008 fraud , money laundering , news Leave a Comment“A gang of Seventh-Day Adventists in London conned their fellow churchgoers into giving them millions of pounds to invest, which they then spent on luxury flats, holidays and cars, a court was told yesterday.”
The Times, 9th January 2008
Source: www.timesonline.co.uk
Corrupt lawyer to drug world is facing prison – The Times
Published December 5, 2007 fraud , money laundering , news , perverting the course of justice , solicitors Leave a Comment“A corrupt solicitor who was at the heart of a criminal network that made multimillion-pound profits from the heroin trade will be jailed today.”
The Times, 5th December 2007
Source: www.timesonline.co.uk
New anti-laundering rules prove ineffective – The Lawyer
Published September 4, 2007 money laundering , news Leave a Comment“The move to a risk-based approach to anti-money laundering regulation has yielded little fruit, according to new research.”
The Lawyer, 3rd September 2007
Source: www.thelawyer.com
When e-money providers must verify identity: new guidance – OUT-LAW.com
Published August 29, 2007 electronic commerce , money laundering , news Leave a Comment“The Joint Money Laundering Steering Group (JMLSG) has published draft amended guidance for electronic money. It covers products that are card-based as well as those that are entirely software-based.”
OUT-LAW.com, 28th August 2007
Source: www.out-law.com
New money laundering rules will lead to more red tape, law firms warn – The Times
Published July 27, 2007 money laundering , news Leave a Comment“Regulations set to come into force in December will be costly and could lead to a drop in competitiveness, according to a survey.”
The Times, 26th July 2007
Source: www.timesonline.co.uk
Government toughens Money Laundering Regulations – HM Treasury
Published July 25, 2007 money laundering , news , terrorism Leave a Comment“Today the Economic Secretary, Kitty Ussher, published new tough and targeted Regulations to fight Money Laundering and Terrorist Financing. The Money Laundering Regulations, which will come into effect on the 15th December, are designed to ensure the UK response to money laundering at home and abroad is effective and proportionate.”
HM Treasury press release, 25th July 2007
Source: www.hm-treasury.gov.uk
Ordre des barreaux francophones et germanophones and Others v. Conseil des Ministres (Conseil des barreaux de l’Union europeénne and Ordre des avocats du barreau de Liège, interveners) – Times Law Reports
Published July 2, 2007 EC law , law reports , legal profession , money laundering Leave a CommentObligation on lawyers to help combat money laundering
Court of Justice of the European Communities
“Advice and assistance given by lawyers in financial and real estate transactions that had no link with judicial proceedings were not exempt from the duty to cooperate in combating money laundering.”
The Times, 2nd July 2007
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
Exile Berezovsky stays in London as Moscow puts him on trial – The Guardian
Published July 2, 2007 money laundering , news , Russia Leave a Comment“The former oligarch and arch-critic of the Kremlin Boris Berezovsky is to go on trial in Moscow today accused of money laundering and embezzlement, in a case likely to put further strain on UK-Russian relations. Mr Berezovsky will be tried in absentia on charges of embezzling 214m roubles (£4.12m) from the Russian state-owned airline Aeroflot. The tycoon, who has lived in self-imposed exile in London since 2001, has refused to attend.”
The Guardian, 2nd July 2007
Source: www.guardian.co.uk
Law Society wins money laundering review – The Lawyer
Published June 5, 2007 money laundering , news , solicitors Leave a Comment“The Law Society has won another battle in its war to change the draft money laundering regulations causing headaches among City lawyers.”
The Lawyer, 5th June 2007
Source: www.thelawyer.com
Treasury backs down on money laundering rules – The Times
Published June 5, 2007 money laundering , news Leave a Comment“The Treasury has agreed to reconsider its draft anti money laundering regulations after the European Commission backed a Law Society campaign calling for rules to be relaxed.”
The Times, 4th June 2007
Source: www.timesonline.co.uk
Regina (UMBS Online Ltd) v Serious Organised Crime Agency and Another – Times Law Reports
Published May 15, 2007 banking , law reports , money laundering Leave a CommentCustomer entitled to seek review
Regina (UMBS Online Ltd.) v. Serious Organised Crime Agency and Another
Court of Appeal
“The Serious Organised Crime Agency, a powerful statutory body whose decisions could imperil private and business banking activity on no more than a reported suspicion of money-laundering, should not withhold giving consent to a bank to allow it to operate a customer’s account under section 335 of the Proceeds of Crime Act 2002 without good reason.”
The Times, 15th May 2007
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
Online communities face money-laundering – Daily Telegraph
Published May 14, 2007 money laundering , news Leave a Comment“Anti-Fraud experts are calling on the Government to start regulating virtual online communities amid fears that criminals and terrorists could use them to launder money.”
Daily Telegraph, 14th May 2007
Source: www.telegraph.co.uk
Woolf urges immediate action for “embezzlement” lawyer – The Lawyer
Published April 24, 2007 money laundering , news , Russia , theft Leave a Comment“The Law Society has stepped in to defend a solicitor’s human rights after the Russian government publicly accused him of embezzlement.”
The Lawyer, 24th April 2007
Source: www.thelawyer.com
British lawyer accused over collapse of Yukos – The Times
Published April 24, 2007 money laundering , news , Russia , theft Leave a Comment“A solicitor has become the first British citizen to be targeted by the Russian authorities in connection with the collapse of Yukos, the oil company.”
The Times, 24th April 2007
Source: www.timesonline.co.uk
Top QC condemns Treasury trust plan – Law Society’s Gazette
Published April 13, 2007 money laundering , news , trusts Leave a Comment“The Government’s draft money laundering regulations are so vague it could be unlawful to prosecute lawyers who may unwittingly fail to comply with them, a leading human rights QC has claimed.”
Law Society’s Gazette, 13th April 2007
Source: www.lawgazette.co.uk
