Nov 2006

• 24/11/06 Issue No 30 - 24/11/06
  On 7 November 2006 Bedfordshire Police arrested 10 people on suspicion of conspiracy to defraud insurance companies as part of a major investigation into an organised criminal enterprise based in Luton. ......

Oct 2006

• 10/10/06 Issue No 29 - 10/10/06
  On 29 September 2006 the Economic Secretary to the Treasury, Ed Balls, launched a public consultation on proposals to tackle money laundering and terrorist finance controls in the money services business sector. ......

Sep 2006

• 13/09/06 Issue No 28 - 13/09/06
  REGULATORY NEWS The Financial Services Authority (FSA) has recently published material about the risk-based approach to anti-money laundering and customer ID checks: Philip Robinson, FSA Financial Crime Sector Leader, wrote last week to Martin Hall, Chairman of the Joint Money Laundering Steering Group (JMLSG), about the new AML regime which came into force on 1 September. ......

Aug 2006

• 04/08/06 Issue No 27 - 04/08/06
  During a POCA 2002 investigation in June 2006 by the London Regional Asset Recovery Team (RART), as part of the Middle Market Drug Team’s Operation Ansonia, two properties in Christchurch, Dorset were identified as being owned by the son of a suspect. ......

Jun 2006

• 30/06/06 Issue No 26 - 30/06/06
  The Committee for the Prevention of Money Laundering and Terrorist Financing, a regulatory committee composed of Member States and chaired by the European Commission, agreed on 10 May 2006 to the Commission's formal draft for technical measures implementing the Third Directive on the prevention of money laundering and terrorist financing. ......

May 2006

• 08/05/06 Issue No 25 - 08/05/06
  On 11 April 2006 two Glasgow men were jailed for a total of 13 years for money laundering involving over £2.5million following an investigation by HM Revenue & Customs (HMRC). ......

Apr 2006

• 11/04/06 Issue No 24 - 11/04/06
  The Enforcement Task Force (ETF) has reached £100 million in receipts of completed cases. An example of successful work is detailed below: Close co-operation between the Enforcement Task Force (ETF), Merseyside Magistrates’ Court and Merseyside Police have resulted in two men being charged with money laundering. In July 2002, at Liverpool Crown Court, a local man pleaded guilty to his part in the smuggling of over 50 million cigarettes into the UK. ......

Mar 2006

• 17/03/06 Issue 23 - 17/03/06
  HM Revenue & Customs Investigation and Detection Officers, Dover continue to make a significant contribution with POCA forfeitures. Their latest success, Operation Cid, involved the prosecution of a lorry driver for money laundering offences. This followed the discovery of a holdall containing cash beneath the drivers bunk, as he was about to leave the port for the continent on 20 February 2005. ......

Jan 2006

• 17/01/06 Issue 22 - 17/01/06
  On 12 December 2005 at Snaresbrook Crown court a convicted tax credit fraudster, was ordered to pay back £1.275m following a successful confiscation hearing. HM Revenue & Customs (HMRC) has used the powers available in the Proceeds of Crime Act to conduct separate but simultaneous money laundering and confiscation investigations in a tax credit fraud case. ......