UK SFO secures £1.1M with its first Unexplained Wealth Order, recovering a Lake District property linked to Timothy Schools’ £19M fraud scheme

The Unexplained Wealth Order targets a Lake District property owned by Claire Schools, purchased with proceeds from her ex-husband Timothy Schools’ £100 million investment fraud. Timothy Schools, sentenced to 14 years in 2022, admitted transferring over £1 million of illicit funds, and the SFO continues to investigate his remaining assets…