Seven sentenced for total of almost 25 years for scheme aimed at students looking to bypass foreign currency controlsSeven people have been jailed for operating an undercover £55m money-laundering ring aimed at international university students looking to bypass limits on the amount of cash that can be taken out of China.Four people – three men and one woman – were sentenced at Snaresbrook crown court on Monday for a range of money laundering offences. In June, three others were sentenced for similar offences. They were sentenced to a total of 24 years and 11 months between them. Continue reading…
Source link : https://www.theguardian.com/uk-news/article/2024/aug/27/chinese-gang-jailed-for-operating-55m-money-laundering-ring
Author : Sammy Gecsoyler
Publish date : 2024-08-27 23:51:18
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