Anti-Financial Crime & Financial Crime Compliance
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‘A thoroughly dishonest person’- former UK broker sentenced for boiler room laundering scam

By Dan Byrne for AMLi

A former broker is to spend nearly six years behind bars in the UK after being convicted of “boiler room”-related money laundering.

Richard Faithful was sentenced to five years and ten months in a UK court Thursday and will be banned from being a company director for a decade.

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