UK: National Crime Agency Seizes Hampshire Hotel In Money Laundering Investigation

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The National Crime Agency (NCA) has seized the White Horse Hotel and Brasserie in Romsey, Hampshire, as part of a £6m asset haul against an alleged international money laundering group.

The NCA recovered the assets of three defendants and associated companies following an eight-year investigation into businessman Jonathan Nuttall, 46, of Romsey, Hampshire.

The alleged money laundering network is said to have seen hundreds of millions of pounds transferred through more than 100 bank accounts held globally including in the UK, Russia, Hong Kong, and Switzerland.

Nuttall was alleged to have structured his wealth under the name of his wife, Amanda Nuttall, who had herself won more than £2.5m on the National Lottery in 2008.

The couple hired a private jet for a foreign trip, holidayed in Cannes and Dubai, shopped at Harrods and built a swimming pool at their country pad, according to the NCA.

Property developer Eric Grove, 89, of Solihull, West Midlands, and barrister Timothy Becker, 55 have also forfeited assets after judge, the Hon Mrs Justice Cheema-Grubb, described the NCA investigation as exemplary.

Read the original article here: thecaterer.com


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