£1.4 million forfeited from fraudster linked to Herts

St Albans Magistrates’ Court ordered Kevin Morris, 63, to hand over £1,424,357 from four accounts he had used to launder money for his own personal gain, at a hearing on October 9.from setting up or managing a company for 15 years after an Insolvency Service investigation into him and a woman from Bushey.

It was established that Morris, of Wolverton Road, Stanmore, had paid four people for use of their bank accounts and used them to commit payroll fraud. As specialist investigators delved further, the unit described, they uncovered a network of companies which were all ultimately traced back to an unlicensed insolvency agency called Business Debt Gone, of which Morris is the sole proprietor.Paul Fitzsimmons, from ERSOU, said: “This was a hugely complex investigation, which our specialist investigators have worked on tirelessly over nearly four years.

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oxhey Jets beat London Colney ahead of Herts Charity Shield semi-finalOxhey Jets will bid to reach the Herts Charity Shield final tonight buoyed by making it back-to-back league wins following a pulsating 3-2 victory…
Source: Observer_Owl - 🏆 18. / 72 Read more »

'Sophisticated' Moor Park drug factory raided yesterdayHerts Police discovered a “sophisticated” cannabis factory yesterday, seizing an estimated £200,000 worth of drugs.
Source: Observer_Owl - 🏆 18. / 72 Read more »

Oxhey Jets beat Colney Heath to reach Herts Charity Shield finalA superb performance has sent Oxhey Jets through to their first cup final appearance in nine years after an 85th-minute goal secured a 3-2 victory…
Source: Observer_Owl - 🏆 18. / 72 Read more »

Boy arrested after Hertswood Academy 'bomb threat hoax'Herts Police have made an arrest on suspicion of blackmail after a “hoax bomb threat” at a school in Borehamwood.
Source: Observer_Owl - 🏆 18. / 72 Read more »

Watford Sunday League: Cup wins for North Watford and Sparta PhoenixNorth Watford will join six more Watford Sunday League top-flight sides who are already through to the second round of the Herts Senior Cup after…
Source: Observer_Owl - 🏆 18. / 72 Read more »

Donald Trump returns to court for $250m 'rigged' fraud trial brought by 'radical lunatic'The former US president calls the case against him a 'witch hunt' based on 'a statute that's never been used before', while prosecutors want him to pay more than £200m in fines.
Source: SkyNews - 🏆 35. / 67 Read more »