Two Jailed for Fraud and Money Laundering After Scamming COVID-19 Loan Scheme
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https://sputniknews.com/uk/202103171082373279-two-jailed-for-fraud-and-money-laundering-after-scamming-covid-19-loan-scheme/
Timilehin Yvette Olasemo spotted potential loopholes to defraud the government s Coronavirus Bounce Back loan scheme, which was set up with minimum security checks to speed up the application process for businesses hit hard by the pandemic lockdown.
Two Londoners have been jailed for fraud and money-laundering after they scammed banks out almost £300,000 meant for COVID-hit businesses.
Timilehin Yvette Olasemo of Romford was sentenced to three years and two months at Southwark Crown Court on Wednesday for conspiracy to commit fraud by false representation, while Olufumi David Akinneye of Lambeth got five years and six months for conspiracy to money launder and conspiracy to commit fraud.
09:48 EDT, 16 March 2021
A Goldman Sachs analyst and his lawyer brother will face trial over claims they made £142,000 in profit from insider trading. Mohamed Zina and Suhail Zina, both of Stoke Newington, north London, are accused of having made the sum between July 15, 2016 and December 4, 2017.
Mohamed, 32, was working for Goldman Sachs International s Conflicts Resolution Group in their London office, while Suhail, 33, was a solicitor at Clifford Chance.
The brothers, who both left their respective roles in 2018, were charged by the UK regulator, the Financial Conduct Authority (FCA), with six offences of insider dealing and three counts of fraud by false representation.
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It is claimed she failed to create and store exhibits in accordance with required procedure, failing to request DNA analysis of a sample, misleading the officer in charge of the investigation in relation to the sample being submitted and causing an undue delay .
Judge Deborah Taylor told her: I have adjourned this case until the 30th of April, you are granted unconditional bail in the meantime.
Collins, who is currently suspended from duty, is charged with eight counts of misconduct in public office
Collins, who is currently suspended from duty, is charged with eight counts of misconduct in public office.
Darren Dixon admitted importing and converting lethal weapons.
- Credit: NCA
A Kentish Town man faces eight years behind bars after admitting importing guns, grenades and zombie knives to sell on to London criminals.
Darren Dixon, 32, of Highgate Road, was arrested in October 2019 when police and the National Crime Agency (NCA) raided his home to find 26 firearms - along with explosives, gunpowder, live ammunition and zombie knives.
A sawn-off shotgun was also found in the bedroom of his three-year-old daughter.
A handgun and ammunition recovered from Darren Dixon s Kentish Town home.
- Credit: NCA
The NCA s firearms team identified Dixon after working with the Spanish Guardia Civil to target people buying lethal weapons on the internet.
Gun dealer who stashed dozens of firearms in three-year-old daughter s room jailed for eight years dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.