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CPS orders money launderer who facilitated the movement of proceeds from a large-scale investment fraud in China to repay £5.6M or face additional jail time

by Jyotsna Bucktowar | Jan 22, 2026

Qian transferred a total of 67.7 Bitcoin to wallets controlled by Ling in February 2024 and then a further 16 Bitcoin were transferred to him in April 2024. After receiving the cryptocurrency, he then converted these into other cryptocurrencies, including Tether, the...

CPS orders former boss of a London FX firm to repay £64M or serve 14 more years in prison for orchestrating a high-stakes investment scam involving fraud, ML, and fraudulent trading

by Jyotsna Bucktowar | Jun 20, 2025

The scam defrauded hundreds of victims out of nearly £70 million, while funds were misused for personal luxury and company branding. The confiscation order is part of the CPS’s broader effort—having recovered £478 million in criminal proceeds over five years—to ensure...

CPS secures a £2.5M confiscation order against a convicted money launderer who moved an estimated £93–£110m in illicit cash from the UK to Dubai via couriers flying with £500K per trip

by Jyotsna Bucktowar | Jun 3, 2025

Alfalasi was the ringleader in this sophisticated money laundering operation, which also involved several co-defendants. He was sentenced to nine years and seven months’ imprisonment at Isleworth Crown Court on 28 July 2022 after he pleaded guilty to removing criminal...

CPS Economic Crime Strategy 2025 Final Report reveals UK’s firm stance on FC with 25K+ prosecutions, 85.4% conviction rate, and £1.6bn+ recovered through confiscations and major settlements

by Jyotsna Bucktowar | May 22, 2025

The report underscores strategic partnerships, modernised disclosure reforms, and increased use of digital tools, all aimed at improving case outcomes, enhancing victim support, and reinforcing public confidence. A new Serious Economic and Organised Crime strategy is...

CPS convicts five individuals for laundering £3.25m from romance fraud, using fake dating profiles to exploit victims with fraudulent financial requests

by Jyotsna Bucktowar | Apr 2, 2025

Edusei and others carried out romance fraud by creating fake dating profiles and deceiving victims into believing they were in real relationships. Using emotional manipulation, they persuaded victims to send money for fabricated emergencies such as failed business...
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  • CoLP Domestic Corruption Unit arrests the Chief Executive of the Police Federation of England & Wales and 2 senior officials on suspicion of fraud by abuse of position in a financial misconduct probe

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