10 Jan 2018
An accountant, his wife and their financial adviser are due to stand trial for their alleged roles in laundering nearly $2.5m (£1.84m) from the Government of Bermuda.
Jeffrey Bevan, 50, from Cwmbran, his wife Samantha Bevan, their friend, Joel Ismail, and financial adviser Paul Charity deny all the charges against them and are due to stand trial.
Addressing the jury at Cardiff Crown Court, Judge Michael Fitton QC said: “Your role is going to be to hear the evidence.”
There are 14 counts on the indictment, covering about a three-year period.
Jeffrey Bevan and Samantha Bevan deny transferring more than £300,000 between May 2011 and March 2012, knowing or suspecting it to represent the proceeds of criminal conduct.
They also deny transferring more than £1m between March 2012 and June 2013.
– Financial Advertiser
Advance your CPD minutes for this content, by signing up and using the CPD WalletFREE CPD Wallet