Monday, 28 January 2019

Fraud and Money Laundering

A 47 year person was found guilty of fraud and money laundering last October following a ten-day trial at Southwark Crown Court.
Mr ...... was employed as a contractor through his own firm, but through various contracts he held the appointment of Interim Chief Investment Officer.
In 2010, he ceased working for the council when they decided to directly employ a permanent pension fund manager.
Three years later, an accountancy firm which had audit responsibilities for Westminster CC found that approximately £1m had been unlawfully removed from the fund between January 2009 and December 2012.
(a news item)

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