Categories: Pensions - Retail
Topics: money laundering| fraud| Tax| HMRC
A 69 year old man who tried to smuggle £60,000 in laundered money notes out of the UK by hiding it in his underwear, has been ordered to repay HMRC what he owes or face jail.
John Maurice, a semi-retired salesman employed by a Spanish property company, must pay repay to HMRC £380,000 it says he concealed and laundered from unknown sources.
The full amount must be paid by September this year, or Maurice will face four years in prison, a Canterbury Crown Court judge ruled earlier this month.
Maurice was found waiting to board a ferry from Dover to France with €63,000 and £2,600 sterling in his underwear in 2010.
Sentencing Maurice, Judge Adele Williams branded him "a Jekyll and Hyde - respectable on the surface and dishonest conduct underneath".
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