Sunderland financial adviser laundered £9.5million


A CROOK who was part of a gang that conspired to launder £9.5million, stolen 11 years ago from a German bank, has been jailed.

Anthony Heald was one of four men who have been put behind bars for the multimillion-pound money laundering plot.

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.

The organised criminals used offshore companies controlled by trusted associates and offshore banks in jurisdictions, including the Channel Islands and Cyprus to hide their trail. They then transferred the cash to the UK.

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