Former adviser jailed for £2.5m money laundering fraud

clock • 2 min read
Former adviser jailed for £2.5m money laundering fraud

A company director has been sentenced to almost six years imprisonment for money laundering as part of a trans-national organised crime group. Richard Faithfull was handed down the five year and 10-month sentence by Judge Tomlinson following a four-day hearing. He has also been disqualified as a company director for 10 years. According to the Financial Conduct Authority, Faithfull laundered £2.5m as part of a trans-national organised crime group for more than 12 months with the proceeds...

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