Plenty of time to count to ten

Regular readers will know how tolerant and forgiving I am of money launderers – not.  And I have followed the investigation, trial, incarceration and financial analysis of drug dealer Curtis Warren with great interest.  After much wriggling, on 3 December 2009 he was sentenced in Jersey to 13 years in prison for money laundering, and has since been made subject to various Serious Crime Prevention Orders to allow police to monitor his activity and finances and to impose restrictions on his access to mobile phones, telephone kiosks, bank accounts and cash. And, as I reported with some pleasure recently, on 5 November 2013 the Royal Court in Jersey ordered Warren to repay £198 million within 28 days- or spend a further ten years in prison.

Unlike Helen Pidd in the Guardian, I don’t think Warren deserves a platform to explain how he is misunderstood and loves his mum; I find him scuzzy [technical term] and manipulative.  And so I am delighted to find him getting short shrift from the Jersey authorities: the moment the stated payback period expired on 3 December this year, Jersey’s Viscount (who is responsible for ensuring that the decisions of Jersey’s Courts are carried out) issued an order to Belmarsh prison to extend Warren’s sentence by that promised decade.  Warren has until 17 December to appeal the extension to his sentence, and he almost certainly will want to – he’s not one to take a punishment lightly and humbly – but it is hard to see on what grounds.

To my mind, the Warren case can be held up as the perfect example of why money laundering legislation is so essential.  It is through the close examination of his finances that Warren was captured and convicted, and it is thanks to the money laundering offences that he committed that he was given such a stiff sentence.  And now his arrogant dismissal of a confiscation order permitted under money laundering legislation that he has been taken out of circulation for another decade.  And if this high profile example of such harsh and relentless treatment warns off other Warren wannabes, so much the better.

This entry was posted in AML, Money laundering and tagged , , , , , , . Bookmark the permalink.

1 Response to Plenty of time to count to ten

  1. Nikki Neal says:

    I guess different rules must apply in Jersey. certain other financial regulators seems to be far more into (a) the creation of myriad petty rules and regulations, and (b) the detection of transgressions of the above. doesn’t leave much time for the actual fight against money laundering…oh wait, maybe if presented with bottomless purse they can actually manage BOTH…

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