On 23 May 2014, the owner of a London currency exchange and his two employees were sentenced at Southwark Crown Court for money laundering offences under the Proceeds of Crime Act 2002. The three men were found guilty of laundering over £100 million between 2005 and 2009, changing cash from criminal activities into “clean” €500 notes and taking a percentage from each transaction.

A related HMRC press release is available at: http://www.mynewsdesk.com/uk/hm-revenue-customs-hmrc/pressreleases/money- bureau-boss-jailed-for-laundering-over-ps100m-1000923.