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COURT: Former top UK AML expert convicted of laundering £850,000 linked to major investment scam

Premium June 24, 2021
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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

An AML and Compliance expert, who previously chaired the Association of UK Payment Institutions for 14 years, has been found guilty of laundering the proceeds of a £850,000 investment scam.

Dominic James Edward Thorncroft was convicted on one count of money laundering, one count of breaching money laundering regulations and four counts of retaining a wrongful credit, by a British jury yesterday.

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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