Financial adviser from Sunderland jailed for laundering £9.5m

The adviser, Anthony Heald, was one of four men who have been put behind bars for the multimillion-pound money laundering plot. The money was originally stolen from German bank, Commerzbank, by two other gang members. The financial adviser, originally from Hendon, Sunderland, and other gang members believed they could avoid being traced by using a tangled web of financial transactions across the globe, according to the Sunderland Echo. The organised criminals used offshore companies controlled by trusted associates and offshore banks in jurisdictions, including the Channel Islands ...