The prosecution alleges that between 2014 and 2016, more than £200 million in criminal cash was funneled through the accounts of Fowler Oldfield, turning 'dirty' money into legitimate-looking funds by purchasing gold from reputable suppliers. Prosecutor Jonathan Sandiford described the operations as a sophisticated money laundering scheme, where unidentified criminals utilized services of Gold Dealer Fowler Oldfield to clean their illicit earnings. Stunt's company, Stunt & Co, received tens of millions and profited significantly from these transactions, accumulating a staggering 70% share of the laundering process.
Lawyers for the accused, including Stunt, asserted that their clients are innocent and deny all charges. They contend that while there may have been illicit activities at Fowler Oldfield, their clients had no direct involvement or intent in money laundering. The court is tasked with determining the legitimacy of the partnerships discussed in court and whether any direct knowledge of wrongdoing can be attributed to Stunt and the co-defendants.
Collection
[
|
...
]