On 16 February, the Jersey Evening Post reported that a trust company could be fined £650,000 for failing to recognise ‘obvious’ money laundering risks when dealing with a firm investing millions of dollars of Angolan public money. LGL Trustees Ltd pleaded guilty to 2 charges in December. In 2010, the company set up a ‘limited partnership’ structure and failed to recognise ‘numerous red flags’.
I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y
raytodd.blog 