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In December 2018, former solicitor Kevin Robert Manning (62) was sentenced to three and a half years in prison, having pleaded guilty to the offences earlier in the year. The indictments were as follows:- 1. First Indictment a. 20 counts of: Fraudulent conversion (Counts 7, 8,10,11, 12, 14,15, 16, 17, 18, 19, 21, 22, b. […]

The UK Time newspaper has reported today (11/01/2019) that the National Crime Agency said yesterday. a record number of suspected dirty money cases were reported last year as awareness of Britain’s role in high-end financial crime grows, The number of suspicious activity reports rose by about 10 per cent to 463,938 during 2017-18, with a […]

A lost computer drive by the New Zealand Transport Agency (NZTA) between Wellington and Auckland earlier this month was potentially far more damaging than the ‘little risk of personal identity theft’ described by NZTA at the time, National’s Data and Cybersecurity spokesperson Dr Shane Reti says. “National has received documents which show the huge extent […]

The daughters of Azerbaijan’s president agreed to buy a £60m London property using a secret offshore company, in a case potentially carrying “a significant risk of money laundering”, a tribunal has heard. Leyla and Arzu Aliyeva sought to purchase two luxury Knightsbridge flats for £59.5m, including £3m to convert them into a single home. The deal in […]

Richard David Arthur pleaded guilty to obtaining and using for his benefit the total sum of £2,637,401.  His three victims, Mr Humberstone, the French resident and the Jersey resident, were all elderly.  They had all reposed trust in Arthur, and he abused that trust for his benefit and personal gain. On 25 April 2018, Richard […]

By way of background “Thematic examinations” allows the JFSC to better understand particular thematic risks that cut across a range of firms in a specific sector or affect a sector as a whole.  In conductiong these thematic reviews the JFSC, address thematic risks using a range of tools including questionnaires, on-site visits and guidance. For […]

A DISGRACED financial adviser has been jailed for seven years for charges related to selling fraudulent investments. Christopher Paul Byrne was initially due to be sentenced earlier this month but the hearing was abruptly adjourned when the 50-year-old’s advocate, Olaf Blakeley, said his client was helping Guernsey authorities with their investigations into a company that […]

THE finances of Jersey Mutual Insurance Society are being investigated by the police after ‘potential fraudulent activity’ spanning a number of years came to light. On Thursday, the organisation, which has served the Island for just under 150 years, sent a letter to all of its members informing them of the situation and confirmed that […]