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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...

CPS convicts four individuals for laundering £266m in criminal proceeds through a gold dealership – NatWest was fined for it

by Jyotsna Bucktowar | Mar 7, 2025

Cash couriers delivered large sums of illicit money in sports bags and holdalls to business addresses managed by the defendants. The money was counted on-site using specialist machines and then sent via G4S or the Post Office to NatWest for deposit into Fowler...

CPS convicts former Co-Op Bank director Paul Flowers, who was jailed for defrauding a vulnerable friend of £100K by misusing power of attorney and estate funds

by Jyotsna Bucktowar | Feb 27, 2025

Flowers misappropriated funds over several years using them for personal expenses including luxury items and leisure activities, even continuing the fraud after her death. The case highlights the risks of financial exploitation through power of attorney and...

CPS convicts construction industry fraudsters for a £22m scam for evading VAT and Construction Industry Scheme contributions, defrauding taxpayers and HMRC

by Jyotsna Bucktowar | Feb 4, 2025

Seven individuals connected to a construction company were sentenced on 4 February 2025 for their roles in a £22 million fraud against taxpayers. The group, including lead conspirators Daniel Newton, Philip Bailey, and Sean Dean, created fake payroll companies to...

CPS: Three convicted money launderers have been ordered to repay £23.6 m after illegally obtaining Australian dollars and laundering them through cryptocurrency

by Jyotsna Bucktowar | Jan 17, 2025

Masterminded by James Parker the scam exploited a loophole in a crypto exchange allowing his associates to withdraw millions before his death in 2021. Authorities have recovered significant assets with the CPS emphasizing its commitment to targeting proceeds of...
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