LAWFUEL – The Law Newswire – Members of a British gang which laundered £500 million in drug money were last night serving a total of 75 years in jail with the imprisonment of the 11th man in the ring.
The delicate police and Customs operation lasting almost a decade has ended with more than 75 years jail for money launderers based in Yorkshire.
The passing of final sentences has also ended a long ban on reporting details of the case for fear of prejudicing trials and putting the patient work of detectives and financial experts to waste.
Travel agent Shahid Bhatti of Shipley in West Yorkshire was the last to go behind bars for his part in deals involving staggering amounts of plain cash. One money-laundering outfit in Bradford took £3,300,000 in notes in a single day and paid over £80 million into the banks for just one client.
The precise source of much of the money remains to be discovered, but most of it is certain to have come from the smuggling of drugs and cigarettes.List your legal jobs on the LawFuel Network