Court orders boiler room money launderer to pay £320k

Michael McInerney, of Richmond, North Yorkshire, has been ordered to pay £320,882 by Southwark Crown Court for his role in a major boiler room share scam. The order was made on Tuesday 4 December. McInerney acted as a banker for fraudulent share sales orchestrated by jailed boiler room operators Tomas, Kevin and Christopher Wilmot. The Wilmots controlled a syndicate that defrauded an estimated 1,700 investors out of £27.5m. They were jailed in August 2011 for a total of 19 years. To put some distance between themselves and the money the Wilmots enlisted McInerney. McInerney open...