UK: Council crackdowns on dirty money from criminals


June 26 2018

Cash from crime and dodgy cheques are being used to pay council tax bills and business rates prompting council bosses to toughen up on fraud.

Money laundering is when someone uses the proceeds of a crime. Criminals try to do transactions with dirty money – from crimes or from untaxed income – in an attempt to make it look “clean‟ and from a legitimate source.