Seven sentenced for total of almost 25 years for scheme aimed at students looking to bypass foreign currency controls

Seven 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.

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