2016 - Jersey seizes over £4million from UK fraud case
04/03/2025
The Island has seized more than £ 4 million following a complex UK fraud case, which the Attorney General says sends a clear message that Jersey is “…no place to hide proceeds of crime.”
Click to email a link to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on X (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Threads (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Bluesky (Opens in new window)Click to share on Reddit (Opens in new window)
£4,180,788.32, plus interest, is being paid into Jersey’s Criminal Offences Confiscation Fund after Adeel Mirza was sentenced to six years in prison in August 2013 for numerous fraud offences.
Jersey’s Law Officers’ Department had been helping the Crown Prosecution Service for more than two years before his sentencing, gathering evidence here and initially seizing property held by a Jersey discretionary trust.
In September 2015, a Judge at Southwark Crown Court made a Confiscation Order against Mr Mirza for £4,180,788.32. A year later, the Attorney General presented an application to register and enforce this Order in Jersey to the Royal Court. Having overcome some complex trust law issues, that application was granted on 27 October 2016.
The Attorney General, Robert MacRae QC, said: “This case demonstrates Jersey’s commitment to fighting international crime and money laundering. It sends a clear message that Jersey is not a jurisdiction in which to try and hide the proceeds of crime.”
SOURCE
https://www.bailiwickexpress.com/news/jersey-banks-over-4-million-fraud-case/
The Team
Meet the team of industry experts behind Comsure
Find out moreLatest News
Keep up to date with the very latest news from Comsure
Find out moreGallery
View our latest imagery from our news and work
Find out moreContact
Think we can help you and your business? Chat to us today
Get In TouchNews Disclaimer
As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.
As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.