Paddy Power ‘encouraged gambler until he lost his home, jobs and family’ – The Guardian

Posted March 1st, 2016 in gambling, money laundering, news, reports by sally

‘Bookmaker Paddy Power encouraged a problem gambler to keep betting until he lost five jobs, his home and access to his children, according to a report by the Gambling Commission.’

Full story

The Guardian, 29th February 2016

Source: www.guardian.co.uk

The FCA and Upper Tribunal – Financial Services Blog

Posted February 22nd, 2016 in enforcement, financial services ombudsman, money laundering, news, tribunals by sally

‘The FCA’s “further decision notice” on Mr Tariq Carrimjee (senior partner and CEO of Somerset Asset Management) revealed that, the regulator has taken on board the Tribunal’s view that banning Mr Carrimjee from all regulated activity would be “irrational and disproportionate”, and it has instead decided to prohibit him from performing compliance oversight (CF10) and money laundering reporting functions (CF11).’

Full story

Financial Services Blog, 15th February 2016

Source: www.rpc.co.uk

Call to tighten UK’s new property law to crack down on ‘dirty money’ – The Guardian

Posted February 15th, 2016 in corruption, London, money laundering, news, retrospectivity, sale of land, trusts by sally

‘New laws that aim to stop the UK being a magnet for money launderers – by forcing the owners of properties to reveal their identities – should be applied retrospectively, leading anti-corruption organisations whose work has strongly influenced the government are saying.’

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The Guardian, 13th February 2016

Source: www.guardian.co.uk

Pilot ‘Biggles’ jailed over £33m cocaine smuggling ring – The Guardian

Posted February 10th, 2016 in aircraft, conspiracy, drug trafficking, money laundering, news, sentencing by sally

‘A pilot nicknamed Biggles has been jailed for 19 years for smuggling £33.5m worth of cocaine into Britain.’

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The Guardian, 9th February 2016

Source: www.guardian.co.uk

Worker stole nearly £500,000 of council funds to pay for lavish wedding – The Guardian

Posted December 4th, 2015 in abuse of position of trust, care workers, fraud, money laundering, news, sentencing by tracey

‘A finance officer in one of London’s poorest boroughs has been jailed after she defrauded the council of almost £500,000, paying for a lavish wedding, a honeymoon in Dubai and extensive home renovations.’

Full story

The Guardian, 3rd December 2015

Source: www.guardian.co.uk

Four defendants, including a senior NHS manager, convicted of defrauding or conspiring to defraud the NHS of over £3m – Crown Prosecution Service

Posted December 1st, 2015 in fraud, health, money laundering, press releases by tracey

‘Four defendants have been convicted at Leeds Crown Court of money laundering and fraud offences. The main defendant, Neil Wood, was a senior manager within NHS England, responsible for assessing and providing training for NHS managers. The other defendants were friends, associates and family members of Mr Wood.’

Full press release

Crown Prosecution Service, 27th November 2015

Source: www.cps.gov.uk

After FIFA/IAAF corruption – time for institutional change – Sports Law Bulletin

Posted November 16th, 2015 in bribery, corruption, money laundering, news, sport by sally

‘Sport has failed. 2015 may well go down as the most disgraced year in the history of sport. But it should also go down as the year things changed. The year when it finally became apparent that sport can no longer go on ‘governing’ itself in the way it has.’

Full story

Sports Law Bulletin, 13th November 2015

Source: www.sportslawbulletin.org

Women get right to reopen divorce settlements after supreme court ruling – The Guardian

‘Two women who said that their ex-husbands misled judges about how much they were worth win right to have settlements re-examined.’

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The Guardian, 14th October 2015

Source: www.guardian.co.uk

Divorce ruling: Women await hidden wealth decision – BBC News

‘Two women who want their divorce settlements increased because they say their ex-husbands misled courts are to hear the Supreme Court’s ruling later. Alison Sharland and Varsha Gohil say the men hid the true extent of their wealth when the deals were made. The BBC’s Clive Coleman said it was the “first time in a generation” the court had examined how much a person can lie about assets before a divorce deal can be scrapped or renegotiated.’

Full story

BBC News, 14th October 2015

Source: www.bbc.co.uk

Gambling operators would face practical difficulties in implementing proposed crime controls, says expert – The Guardian

Posted October 8th, 2015 in consultations, crime, EC law, gambling, licensing, money laundering, news by sally

‘Gambling operators would face practical difficulties in adhering to new anti-crime controls proposed by the British Gambling Commission, an expert has said.’

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OUT-LAW.com, 7th October 2015

Source: www.out-law.com

Foreign criminals drive up house prices by laundering money into property – Daily Telegraph

Posted July 29th, 2015 in money laundering, national crime agency, news by sally

‘Foreign criminals are laundering billions of pounds by purchasing expensive properties – pushing up house prices, the National Crime Agency has said.’
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Daily Telegraph, 24th July 2015

Source: www.telegraph.co.uk

The Relevance of Probate in the Digital Age – New Square Chambers

Posted July 27th, 2015 in computer crime, executors, internet, money laundering, news, probate by sally

‘Imagine an estate where there is no dispute amongst the beneficiaries, whether about the validity of the deceased’s will or its terms. Imagine that there is no inheritance tax to pay by reason of the death of the deceased. The bulk of the estate is held in a bank account that is accessible online and the executor named in the will is aware of the username and password applicable to this online account. He wishes to use them to transfer the money in the account to an account in his name and then to administer it precisely according to law.’

Full story

New Square Chambers, 29th June 2015

Source: www.newsquarechambers.co.uk

FIFA and the internationalisation of criminal justice – OUP Blog

‘The factual backdrop to this affair is well-known. FIFA, world football’s governing body has, for a number of years, been the subject of allegations of corruption. Then, after a series of dawn raids on 27 May 2015, seven FIFA officials, of various nationalities, the most famous being Jack Warner, the Trinidadian former vice president of FIFA, were arrested in a luxury hotel in Zurich where they were staying prior to the FIFA Congress. This was pursuant to an indictment that accused them, alongside five corporate officials, of using their positions within FIFA to engage in schemes involving the solicitation, offer, acceptance, payment, and receipt of undisclosed and illegal payments, bribes, and kickbacks. The defendants and their co-conspirators were also accused of corrupting the enterprise by engaging in various criminal activities, including fraud, bribery, and money laundering, in pursuit of personal and commercial gain.’

Full story

OUP Blog, 29th May 2015

Source: http://blog.oup.com

Diamond fraudsters face jail for £1.5m family scam – Daily Telegraph

Posted June 1st, 2015 in conspiracy, fraud, money laundering, news by michael

‘A family of fraudsters who bagged £1.5 million by selling vastly over-valued diamonds to unwitting punters in a “heartless” con are facing years behind bars on Friday [29 May].’

Full story

Daily Telegraph, 29th May 2015

Source: www.telegraph.co.uk

R v GH (Respondent) – Supreme Court

R v GH (Respondent) [2015] UKSC 24 (YouTube)

Supreme Court, 22nd April 2015

Source: www.youtube.com/user/UKSupremeCourt

Regina v GH – WLR Daily

Posted April 30th, 2015 in appeals, fraud, law reports, money laundering, proceeds of crime, Supreme Court by sally

Regina v GH [2015] UKSC 24; [2015] WLR (D) 178

‘A person who opened bank accounts which he knew or suspected would then be used by a fraudster to deposit money which the latter hoped to obtain from victims could be charged with entering into an arrangement to facilitate the retention of criminal property, contrary to section 328(1) of the Proceeds of Crime Act 2002, even though there was no criminal property until after victims’ money had been paid into the accounts.’

WLR Daily, 22nd April 2015

Source: www.iclr.co.uk

Fake Viagra gang members sentenced for ‘large-scale criminal enterprise’ – The Guardian

Posted April 14th, 2015 in conspiracy, counterfeiting, gangs, medicines, money laundering, news, sentencing by sally

‘Members of a gang that made up to £60,000 a week selling fake Viagra through a bogus mail order fishing tackle business have been sentenced for their part in what was described by a judge as a “highly organised, large-scale criminal enterprise”.’

Full story

The Guardian, 13th April 2015

Source: www.guardian.co.uk

Bitcoin: Government to regulate cryptocurrency to avoid money laundering, says Treasury – The Independent

Posted March 19th, 2015 in banking, consultations, money laundering, news, reports by sally

‘The Government is to regulate bitcoin exchanges to stop their use as money laundering hubs, the Treasury said today.’

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The Independent, 18th March 2015

Source: www.independent.co.uk

Sandra Dunham given 18 days’ home confinement in US fraud case – BBC News

Posted January 30th, 2015 in extradition, fraud, guilty pleas, money laundering, news, sentencing by sally

‘A woman who admitted a $1m (£640,000) expenses fraud and money-laundering will not spend any more time in jail.’

Full story

BBC News, 29th January 2015

Source: www.bbc.co.uk

Judge criticises National Crime Agency over collapse of fraud trial – The Guardian

‘The National Crime Agency has been labelled “incompetent” by an Old Bailey judge after a series of blunders led to the collapse of a £5m trial.’

Full story

The Guardian, 2nd December 2014

Source: www.guardian.co.uk