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National Economic Crime Centre partners’ Action Day targets city money laundering

A day of action by National Economic Crime Centre (NECC) partners will target money service businesses (MSBs) at risk of being used by criminals to launder money. Officers from Her Majesty’s Revenue & Customs (HMRC) and the City of London Police will visit every MSB in...
Posted On 17 Feb 2020
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Court of Appeal dismisses Unexplained Wealth Order appeal by Zamira Hajiyeva

The Court of Appeal has dismissed an appeal by Zamira Hajiyeva – the wife of jailed Azerbaijani banker Jahangir Hajiyev – to discharge the Unexplained Wealth Order made against her by the National Crime Agency (NCA). On Wednesday 5 February, the Court of Appeal upheld the earlier...
Posted On 07 Feb 2020
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Fraudsters targeted in Project OTELLO national law enforcement campaign

The National Economic Crime Centre (NECC) in collaboration with the City of London Police is spearheading a campaign targeting fraudsters responsible for duping members of the public and businesses out of billions of pounds. The campaign, named Project OTELLO, also involves...
Posted On 05 Feb 2020
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Fraudsters end 2019 with lighter pockets thanks to NCA’s asset denial teams

In December, the National Crime Agency (NCA) managed to claw back millions of dollars from a fraud involving no less than 700 victims. The agency’s illicit finances investigators also retrieved hundreds of thousands of pounds in two other cases where the money is believed to have...
Posted On 06 Jan 2020
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Tasking to improve fraud response issued by National Crime Agency

The National Crime Agency’s (NCA) director general Lynne Owens has issued a tasking to improve the response to fraud. The tasking, which is made under the Crime and Courts Act 2013, follows a discussion with chief constables and other partners at the National Strategic...
Posted On 23 Dec 2019
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Nine arrested in second multi-million pound money laundering investigation

Nine suspects have been arrested as part of a National Crime Agency (NCA) investigation into an organised crime group smuggling money out of the UK to Dubai hidden in suitcases. Eight individuals have been arrested at addresses in Cleckheaton, Bradford and Dewsbury, all in West...
Posted On 28 Nov 2019
Syedur Rahman
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Money Laundering in UK plc: The Dirty Secret That Will Not Go Away

A new report produced by anti-corruption watchdog Transparency International lays bare what it believes is massive and carefully planned money laundering in the UK. Here, Syedur Rahman voices concern about the effectiveness of the authorities’ efforts designed to tackle it. ...
Posted On 13 Nov 2019
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£100 million Account Freezing Orders “largest granted” to National Crime Agency

The National Crime Agency (NCA) has been granted Account Freezing Orders (AFOs) on eight bank accounts containing a total of more than £100 million which is suspected to have been derived from bribery and corruption in an overseas nation. The AFOs were obtained at Westminster...
Posted On 14 Aug 2019
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NCA secures Unexplained Wealth Order against properties owned by Northern Irish woman

A Northern Irish woman with suspected links to serious organised crime has been ordered to explain how she financed the purchase of six properties worth around £3.2 million in total. The National Crime Agency (NCA) believes the woman is associated with criminals involved in...
Posted On 31 Jul 2019
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NCA secures first serious organised crime Unexplained Wealth Order for property worth £10 million

A businessman from the North of England with suspected links to serious organised criminals has been ordered to reveal the source of funds used to start and develop his £10 million property empire. An Unexplained Wealth Order (UWO) was obtained at the High Court on Friday 12 July...
Posted On 19 Jul 2019