Man Charged With Multiple Money Laundering Offences
14 December 2021

A local man was charged with money laundering offences yesterday by detectives from the RGP’s Economic Crime Unit. The charges follow a complex cross-border financial investigation that started in 2017.
A statement from the RGP follows below:
Vishal ASWANI, 36, an accountant, of Montagu Gardens, who has been on police bail since February 2020, was yesterday charged with:
- Being concerned in an arrangement, which facilitated the use of criminal property by another and the use of approximately £4,779,159.26, the said being Criminal Property, between 2014 and 2020.
- Fraud by false representation in the sum of approximately £871,143.51 for having made a misrepresentation to the Income Tax office regarding his income between 2015 and 2019.
- Being concerned in an arrangement, which facilitated the use of criminal property by another, of €50,000 to purchase a Motor Vessel, the said €50,000 being the proceeds of Criminal Conduct, between 2015 and 2016.
- Being concerned in an arrangement, which facilitated the use of criminal property by another relating to the purchase of a Property in Ocean Village for approximately £1,075,000, the said funds being Criminal Property in 2018.
- Acquisition of criminal property relating to the use of approximately £125,000 to purchase 2 Vaults at Chatham Counterguard, the said £125,000 being Criminal Conduct in 2019.
In addition, Avinash RUPANI, 35, of Ocean Village, of Southease Ltd was also arrested and charged yesterday with the offence of:
- Carrying out a regulated activity without authority by converting €2,105,430 in cash from Euro into Sterling for ASWANI.
Latest News
- Giovanni Origo Budget Speech 2025 - GSD Shadow Minster for Youth, Tourism, the Environment and Transport
- Budget 2025 Speech by Minister for Industrial Relations, Civil Contingencies and Sport, Leslie Bruzon
- HM Customs Gibraltar Launches ASYCUDA Version 4.4 to Modernise Border Management
- Budget 2025 Speech by Minister for Equality, Employment, Culture and Tourism Christian Santos
- Declaration Of Enlistment By Royal Gibraltar Police Recruits
- Local Actors Travel To UK Drama Festival
- Bridge House Charitable Trust Welcomes Donations
- GSD Says Principal Auditor Report 2018/19 Should Now Emerge
- The Budget 2025 – Minister Gemma Arias-Vasquez's Address
- Ministry Of Equality Marks Successful End Of The Sixth Cycle Of The Women’s Mentorship Programme