Rubbing shoulders with the rich and famous, Mansoor Hussain proudly posed with celebrities including Meghan Markle, Beyonce and Simon Cowell. But the millionaire businessman, who loved to boast of his A-list connections on social media, was not all he seemed. Investigators believe the 40-year-old Poundworld owner laundered vast sums for criminal networks linked to a … Read more
Westpac has agreed to pay a record $1.3billion fine for breaching anti-money laundering rules – and enabling the funding of child exploitation and potentially terror activities. Australia’s second biggest bank has told the Australian Securities Exchange it had reached an agreement with AUSTRAC, the federal government agency charged with tackling organised crime. Westpac has admitted … Read more
Don’t be a student sucker: Youngsters warned over offers of ‘easy money’ as more are tempted into laundering cash for criminals via current accounts Reporting body Cifas said there were a record 364,000 reports of fraud in 2019 A large proportion of these were cases of suspected ‘money muling’ This is where people are convinced … Read more
Playboy tycoon James Stunt will be charged with money laundering and forgery but claims it is ‘the biggest fit-up’ after detectives investigated alleged ‘proceeds of crime’ Mr Stunt, who was once married Petra Ecclestone, will be summonsed in July The 38-year-old told his Instagram followers in a video that he was innocent Once worth an estimated … Read more