3.12.2012

ML CASE STUDY: COOPERATION, INVESTIGATION, WARRANT

Case: Scottish “arrest warrant” for British Cypriot

Published on: December 2, 2012-Cyprus Mail
Key Words: Arrest, Cyprus, Scottish, Voudouri

A PUBLIC prosecutor in Glasgow has issued an arrest warrant for a 45-year-old British Cypriot, Michael Voudouri, in connection with charges of money laundering, the Cyprus News Agency reported yesterday.

Voudouri was due to show up in the Scottish capital’s Supreme Court on Friday to hear what his sentence will be after pleading guilty to two cases of money laundering.

A month ago, the 45-year-old had confessed to hiding over £10 million (€12.3m) in accounts in Cyprus, Greece and Switzerland which had come from the collection of VAT on intra-European virtual transactions.

The British Cypriot originally faced charges of money laundering involving £45m (€55.5m) though this figure was reduced after his confession.

He also pleaded guilty to a separate charge of hiding £1.2 million (€1.5m) from the taxman.
He was released on bail with restrictions after agreeing to collaborate with the public prosecution, though failed to turn up to Friday’s hearing.

Voudouris was previously sentenced to four years in jail in 2004 on similar charges while in 2008 a court ordered him to return £1.3m (€1.6m) obtained illegally ?
  • Actors-ML
  • Elements-ML
  • Discovery Process(es)-Investigation-Legal Action
  1. Who issues the arrest warrant and why ?
  2. What did happen before arrest warrant ?
  3. What were the methods involved in ML case ?
  4. What are the main criminal elements involed in the case ?
  5. What investigative methods have been used to discover the ML prosesses/activities ?
International Co-operation: Letter of Request:
Charges:
Under the Criminal Justice Act 1988 and the Proceeds of Crime Act 2002 in connection with the offences (ML).

 Crime News-ML:
Case Search:

Results for Michael Voudouri Mr.

Name
Address
Other Occupants
Electoral Roll
1
Michael G Voudouri
Age Guide: 45-49
Stirling, Stirlingshire, FK9Full Address
Nicolette VoudouriChrystalla VoudouriGeorgina Voudouri
2007-12
2
Michael Voudouri
Alloa, Clackmannanshire, FK10Full Address
Chrystalla Voudouri
2002-04