HMRC reports sentencing of money laundering group

Article summary

HM Revenue and Customs (HMRC) has reported the sentencing of a group 6 people who were found guilty of entering into, concerned in acquisition, retention, use or control of criminal property (recordable) contrary to sections 328 (1) and 334 of the Proceeds of Crime Act 2002. HMRC has reported that the group laundered £26m to Dubai through the use of seven different companies, false paperwork trail and cash couriers. HMRC has said that the laundered money is believed to have been generated by alcohol duty fraud. Mohammed Zafer, who led the group, was sentenced to 12 years, with the other five members receiving sentences from 18 months to four years and nine months.