Money laun­der­ing warn­ing

Sunday Mail (UK) - - News -

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

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