Dec 21 - Two Charged With Money Laundering
Two people have been charged with money laundering offences.
Gerard Asquez, 36, and 31-year-old Charlene Asquez, both of Somerset Court, Laguna Estate, have been charged with the following Money Laundering offences under the Proceeds of Crime Act:
1) Gerard Asquez: One count of “Concealing or transferring the proceeds of Criminal Conduct.”
2) Charlene Asquez: One count of “Assisting another to retain the benefit of Criminal Conduct.”
Both charges relate to an ongoing investigation conducted by Detectives from the Money Laundering Investigation Unit following the arrest of Gerard Asquez for drugs-related offences in August of this year. The sum of money involved in this case is of approximately £50,000.
Gerard Asquez was additionally charged with the Possession and Possession with Intent to Supply to another or others a controlled “Class A” Drug, namely a preparation containing cocaine weighing 6.45grms, and with a street value of approximately £300. The drugs charges relate to an incident in August of this year, when Asquez was challenged by uniformed officers whilst in his vehicle.
Both are due to appear before the Magistrates’ Court today.
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