A FATHER and son from Surrey have been convicted of laundering millions of pounds of British taxpayers’ money in offshore bank accounts. Daniel Andrew Barrs, 65, from New Place Gardens in Lingfield and his 29-year-old son Daniel Barrs of Suffolk Close, Horley, were found guilty of laundering more than £20 million. The pair laundered some […]

Summary: The Respondent failed to identify the indicators of property/mortgage fraud/money laundering further to the documented link between the buyer introducer and mortgage broker, and the payment of money on the introducer’s instructions to unknown and unidentified third parties. The SRA argued that the Respondent showed a reckless disregard for his money laundering obligations in […]

The former director of international operations at Brazil’s state-controlled oil company was sentenced to five years in prison for money laundering in the latest development in a multibillion-dollar graft investigation. Nestor Cervero, who left Petroleo Brasileiro SA in 2014, set up a front company in Uruguay to purchase an apartment in an upscale Rio de […]

Introduction On 22 April the Supreme Court handed down its judgment in the case of R v GH [2015] UKSC 24. The Supreme Court was addressing the offence of entering into, or becoming concerned in, an arrangement which facilitates the acquisition, retention, use or control of criminal property for, or on behalf of, another person […]

Officers from the Manx police force’s financial investigation team are today executing six warrants in and around Douglas as part of an investigation into multiple fraud and money laundering offences. This is part of an investigation involving UK HM Revenue & Customs (HMRC), the Manx police, Cheshire Constabulary and Guernsey Border Agency. Four of the […]