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Bristol Post
Bristol Post
National
Geoffrey Bennett

Man admits £330K money laundering scam

A Southmead man has admitted fraud totalling some £330,000.

Alabi Adewale, 59, of Cranmore Crescent, appeared before Bristol Crown Court today (Monday, January 10, 2022).

He pleaded guilty to converting criminal property, by money transfer, totalling £332,015.58 between November 2019 and May 2020.

READ MORE: Offenders jailed in the first court week of 2022

Shade Adewale, 51, of the same address, pleaded guilty to converting criminal property, by money transfer, totalling £114,945.95 between December 17, 2019 and January 4, 2020.

Judge Julian Lambert adjourned both cases for a projected one hour sentence at 2pm on March 14.

The judge sanctioned requests for pre-sentence reports from the probation service.

He told the pair: "I make no promise as to the sentence you will receive.

"The options will be open to the judge who sentences you."

The defendants were released on bail.

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