The Caithness Business Index has posted the following article:

Five Sentenced In £500,000 Bank Fraud And Money Laundering Scheme

[IMG][/IMG] Insolvency Service secures convictions against five individuals involved in a complex fraud and money laundering scheme. Convicted fraudster Neale Rothera set up businesses which claimed to sell furniture and carpets with the help of associates However, the companies were a sham and used as a vehicle to both commit fraud against banks and money laundering The offences, which happened in 2012 and 2013, came to court after lengthy investigations by the Insolvency Service Five people have been sentenced for their involvement in a "persistent and carefully prepared" fraud and money laundering scheme which cost banks more than half a million pounds. [Read Full Article]