JAIL FOR GANG CAUGHT LAUNDERING £87 MILLION MADE BY SMUGGLING ILLEGAL BOOZE

On 7 September, ITV News reported that 8members of a Berkshire-based gang which laundered £87 million they had made by smuggling alcohol have been jailed for a combined total of more than 46 years.  The men used a complex system of setting up and then closing companies to distribute and sell on their smuggled alcohol. In the process they created a false trail of paperwork and robbed the public purse of £34 million.  A ninth man was convicted of cheating the public revenue, contrary to common law and was handed a 26-week jail sentence suspended for 24 months and 150 hours unpaid work.

https://www.itv.com/news/meridian/2019-09-07/jail-for-gang-caught-laundering-87m-made-by-smuggling-illegal-booze/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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