Hashtag: #MoneyLaundering
![John Deuss Goes On Trial In Holland John Deuss Goes On Trial In Holland](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/03/John-Deuss.jpeg&w=120&h=120&zc=1)
John Deuss Goes On Trial In Holland
One-time Bermuda-based businessman John Deuss has gone on trial in the Netherlands accused of banking without a license, disguising unusual transactions and forming a criminal organisation that made possible large-scale carousel fraud in England. Dutch media sources reported today [Mar. 26] that the 69-year-old banker and oil trader was standing... Read more of this article
![Robinson Convicted In St. Vincent Robinson Convicted In St. Vincent](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
Robinson Convicted In St. Vincent
Bermudian Winston Robinson was convicted of two offences of money laundering in a St. Vincent court today [Mar.9]. Mr Robinson was on a sailboat — containing $1.7 million in hidden compartments — when it was intercepted entering St. Vincent in April 2008. A police spokesperson said, “The Bermuda Police Service learned today of the... Read more of this article
![AG Issues Proceeds Of Crime Advisory AG Issues Proceeds Of Crime Advisory](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
AG Issues Proceeds Of Crime Advisory
Attorney General and Minister of Justice Michael Scott issued an advisory about the risks in a number of jurisdictions arising from inadequate systems and controls to combat money laundering and terrorist financing. Details on these risks were provided by the Financial Action Task Force [the FATF] in statements which were released following its Plenary... Read more of this article
![Boldens: Guilty On 1 Count, Not Guilty On 18 Boldens: Guilty On 1 Count, Not Guilty On 18](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/12/court-gavel-justice.jpg&w=120&h=120&zc=1)
Boldens: Guilty On 1 Count, Not Guilty On 18
At approximately 5pm today [June 14] the jury returned a verdict in the trial of David and Antoinette Bolden. They were found guilty on one count of misleading the Bermuda Monetary Authority, and acquitted on 18 charges of theft and money laundering. The verdict was a majority verdict with 10 – 2 split on the guilty finding, while on the other... Read more of this article
![Three People Deny Money Laundering Three People Deny Money Laundering](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
Three People Deny Money Laundering
Three people denied money laundering charges at the Supreme Court monthly arraignment session this morning [June 1]. Omari Gyasus Kevin Franklin, Dennisha Sahima Simmons and Allana Tait all pleaded not guilty to laundering money between May 2007 and May 2010. Omari Franklin faced counts involving money laundering, drug possession, possession of drug... Read more of this article
![Cox Receives 5 Years For Money Laundering Cox Receives 5 Years For Money Laundering](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
Cox Receives 5 Years For Money Laundering
ZBM has reported that 38-year-old Roger Cox received a 5 year prison sentence today [Apr.19] after pleading guilty to money laundering approximately $2.2 million dollars. Mr Cox’s friend Michelle Lindsay received four months for her part in the operation. Last month Roger Vincent Cox, a 38 year old from St. George’s, pleaded guilty to three... Read more of this article
![Money Laundering Advisory: Various Jurisdictions Money Laundering Advisory: Various Jurisdictions](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
Money Laundering Advisory: Various Jurisdictions
Attorney General and Minister of Justice Michael Scott today [Apr.11] issued the following advisory about the risks in a number of jurisdictions arising from inadequate systems and controls to combat money laundering and terrorist financing. Details on these risks were provided by the Financial Action Task Force1 (the FATF) in statements which were... Read more of this article
![Two Plead Guilty To Money Laundering Two Plead Guilty To Money Laundering](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
Two Plead Guilty To Money Laundering
This morning [Mar.7] in Supreme Court, Roger Vincent Cox, a 38 year old from St. George’s, pleaded guilty to three offences of Money Laundering. Also appearing with Mr Cox was Michelle Laverne Lindsay, a 49 year old book keeper. Ms Lindsay pleaded guilty to one count of Money Laundering involving her receipt and subsequent ‘layering’ of $25,000.00... Read more of this article
![Full Statement: Proceeds of Crime Regulations Full Statement: Proceeds of Crime Regulations](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
Full Statement: Proceeds of Crime Regulations
The Proceeds of Crime Regulations (Supervision and Enforcement) Amendment Act 2010 has been Gazetted and brought into effect. Minister of Justice and Attorney General Senator Kim Wilson said that “This Act is part of the ongoing effort to strengthen Bermuda’s anti-money laundering and anti-terrorism financing framework to ensure a high level... Read more of this article
![Man Jailed On Money Laundering Charges Man Jailed On Money Laundering Charges](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/money-laundering.jpg&w=120&h=120&zc=1)
Man Jailed On Money Laundering Charges
A 58 year old Pembroke resident who admitted two counts of money laundering involving tens of thousands of dollars has been jailed. Cordell Simmons pled guilty in Magistrates’ Court yesterday [June 24] to wiring nearly $80,000 to accounts in Jamaica and the U.S. Mr Simons, who currently lives at the Salvation Army Harbourlight Facility, claimed he... Read more of this article