Money laundering warning
There must be no respite in tackling organised crime and the harm it causes.”
Heroin dealer Robert Maxwell, who was sentenced to 12 years in 1995, is thought to have laundered about £ 6.5m through bookmakers in a five-year period,
He would bet large cash sums on odds- on horses in order to end up with clean money from the bookies. Most of his bets were placed in the Possil area of Glasgow where he lived.
Last year British betting shops made 633 reports of suspicious activity.
In February William Hill were fined £ 6.2million after allowing criminals to deposit hundreds of thousands of pounds without checking where the money came from. The Gambling Commission issued the bookmaker with the penalty package for “systemic social responsibility and money-laundering failures”.
Scot t ish Conservat ives just ice spokesman Liam Kerr MSP said: “This is a positive step in the f ight against organised crime, and should allow police to deal a financial blow to those carrying out this activity. Organised crime is still far too prevalent in Scotland, and anything that can disturb it should be welcomed.
“However there is far more to do to rid our country of these gangsters once and for all.”
CHIPS ARE DOWN Casino winnings can now be confiscated by police under new proceeds of crime rules