From RCIPS: Fri, Jun 17, 2016 at 1:37 PM

The man, age 37, of George Town, arrested on 6 May 2016 by FCU detectives, has been charged with fourteen counts of fraud-related offences, specifically, Theft (2 counts), Forgery (2 counts), False Accounting (1 count), Transferring Criminal Property (5 counts), Transferred Criminal Property (1 count), Converting Criminal Property (2 counts) and Using Criminal Property (1 count).

The man has been bailed to appear in court on 22 June.

–ENDS–

Monday, May 09, 2016 11:59 AM

Subject: Man Arrested on Suspicion of Money Laundering Last Friday, 6 May

Man Arrested on Suspicion of Money Laundering Last Friday, 6 May

Last Friday, 6 May, detectives with the RCIPS Financial Crimes Unit arrested a man, age 37, of George Town, on suspicion of Money Laundering. The man had been appointed as a voluntary liquidator for two funds while employed with the local office of an international investment firm; during this appointment a quantity of money was misappropriated from these funds and transferred to another account.

The man is currently on Police Bail, however, he cannot leave the jurisdiction.