English firms in trade-based financial crime network
Textile firms in the English city of Leicester have formed a trade-based financial crime network involved in money laundering and value-added tax (VAT) fraud according to an investigation by the British Broadcasting Corporation (BBC).
The state-owned broadcaster alleges the network centred on a Leicester-based company director, Rostum Nagra, who stole a firm belonging to a business associate and transferred its assets to his own company, Rocco Fashion.
You need to be logged in to view this article.
If you are an existing subscriber please enter your credentials to log in.
To become a member of The Association of Trade Finance Compliance Professionals (ATFCP) click here!
Tags In
Related Posts
Trade Based Financial Crime
Trade Based Financial Crime
This online training course provides you with the technical knowledge required to succeed within the trade finance compliance landscape.