Ex-Girlfriend Who Hid £1M Fraud Proceeds Ordered To Pay £1
Law360, London (September 13, 2019, 1:18 PM BST) -- A woman who helped hide the ill-gotten gains of a £1 million ($1.2 million) criminal conspiracy involving bogus companies and credit card fraud was ordered by a London judge on Friday to pay only a £1 penalty.
Yaa Abrefa, 37, received a suspended prison sentence in January at Southwark Crown Court for her part in the fraud, which took place over two years.
According to prosecutors, three men, including Abrefa’s then-boyfriend, created make-believe companies for the purpose of applying for corporate credit cards from Barclays Bank and other lenders.
The conspirators then went out and bought expensive items, including £126,000 worth...
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