Sponsored by
Serbians accused of £850,000 money laundering and mortgage frauds
Eight Serbians from the same extended family have appeared in court accused of money laundering and mortgage fraud of hundreds of thousands of pounds.
The figures involved in the intricate web of fraud, which spanned four years, involve a total of more than 850,000.
They charges related to two clothes recycling businesses run by the family – Global Recycling Ltd in Corby and Northants Textiles
Bisera Mujic, 44 of Iona Road. Corby, is accused of dishonestly obtaining a mortgage worth 85,000 and two counts of laundering 21,000.
Galib Mujic, 25, of Chestnut Avenue, Corby, is accused of dishonestly obtaining an Abbey National mortgage of 77,200, and of two money laundering charges of converting and concealing 9,202.
Mirsad Mujic, 25, of Towle Road, Leicester, is accused of making false representations to gain mortgages of 68,000, 111,000, and 74,000. He is also accused of four counts of laundering 12,000 and two counts of laundering 20,000.
Muhamed Mujic, 27, of Chestnut Avenue, Corby, is accused of dishonestly obtaining a 74,974 mortgage and of two money-laundering charges of 15,200.
Sead Mujic, 28, of Lundy Avenue, Corby, is accused of concealing 24,900.
Senad Mujic, 28, of Towle Road, Leicester, is accused of concealing 21,295.
Zajm Mujic, 22, of Ennerdale Road, Corby, is charged with two counts of money laundering for sums of 18,300 and of dishonestly obtaining a mortgage worth 103,700.
The defendants are all also charged with possession of the proceeds of crime.
They made their first appearance at Corby Magistrates' Court yesterday after a long-running police investigation.
The court was told that the group all belong to the same extended family and were all involved in the two companies which recycle clothes for charity.
Magistrates heard that the defendants had allegedly made false declarations about their incomes in order to obtain mortgages on three properties in Corby.
They were also said to have laundered money obtained in connection with their two businesses, and that deposits they paid on the properties were the proceeds of criminal activity.
They were told the complexity of their case means it will be sent to crown court.
None of the men, represented by a solicitor and a barrister and speaking through an interpreter, entered a plea. They were all bailed to appear at the same court in May.
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Kettering
Sunday 27 May 2012
Today
Sunny
Temperature: 10 C to 25 C
Wind Speed: 17 mph
Wind direction: East
Tomorrow
Sunny
Temperature: 12 C to 24 C
Wind Speed: 7 mph
Wind direction: North west
