View source for Bitcoin Fraudsters Involved In £21 Million Scam Are Jailed

A group of criminals who made so much money from a £21 million  scam they handed out £5,000 gift cards on the street have been jailed.<br>Stephen William Boys, 59, and Kelly Caton, 45, have been found guilty of fraud, converting and transferring criminal property.<br><br>Jordan Kane Robinson, 25,  [https://linking.kr/priscillacor aK] and James Austin-Beddoes, 28, were also found guilty. <br>Preston Crown Court heard how the group worked with ringleader James Parker, who died in 2021 before he could be [https://www.theguardian.com/society/2013/aug/29/mid-staffordshire-nhs-trust-prosecuted prosecuted] for masterminding the conspiracy.<br>Parker ran the operation from his home in Blackpool, Lancashire from October 2017 to January 2018, helping the group to make 'more money than they could spend.'<br>         Police recovered £22 million worth of crypto currency along with luxury watches, houses, cars and designer goods<br>         Kelly Caton, of Blackpool, Lancashire was convicted of fraud,  [https://wiki.hrw-fablab.de/index.php?title=SHAUN_EDWARDS:_Rugby_Needs_The_Six_Nations_To_Lift_The_Doom_And_Gloom aK] converting and acquiring criminal property and jailed for four-and-a-half years<br>   RELATED ARTICLES              <br><br><br><br>Share this article<br>Share<br><br><br>He exploited a loophole to withdraw dishonestly-obtained crypto assets worth around £15 million from his trading account on an Australian-based cryptocurrency exchange.<br>Caton dishonestly withdrew £2. If you beloved this article and you would like to obtain a lot more information with regards to [https://evigetir.com/testt.html aK] kindly take a look at our web-page. 7 million and Robinson withdrew £1.7 million from their accounts.<br>The scam made so much money that £5,000 gift cards were handed out to people in the street and cars were bought for people Parker met in the pub, Preston Crown Court heard.<br>During the trial Boys told the court how he took £1 million cash in a suitcase to buy a villa from Russians he met in the back office of an estate agent and paid £60,000 to pay off corrupt officials so he could carry on laundering money.<br>During the investigation police recovered 445 Bitcoin, then worth £22 million, along with luxury watches,  [https://evigetir.com/evden-eve-google.html E] houses,  [https://evigetir.com/evdeneve/index.html nA] cars and designer goods, including a £600 wine cooler, plus more than £1 million in bank accounts.<br>Parker's financial adviser Stephen Boys worked with a UK national who lived in the United Arab Emirates to convert the cryptocurrency into cash.<br>The money was then laundered through various foreign-based online accounts.<br>Stephen Boys, of Accrington, Lancashire was found guilty of converting and transferring criminal property and jailed for six years.<br>         Stephen Boys told the court how he took £1 million cash in a suitcase to buy a villa from Russians he met in the back office of an estate agent<br>         Police said the scale of the scam led the group to 'literally having more money than they could spend'<br>         Jordan Robinson, of Fleetwood, Lancashire was found guilty of fraud, converting and acquiring criminal property and was jailed for four-and-a-half years<br>Kelly Caton, of Blackpool, Lancashire was convicted of fraud, converting and acquiring criminal property and jailed for four-and-a-half years.<br>Jordan Robinson, of Fleetwood, Lancashire was found guilty of fraud, converting and acquiring criminal property and was also jailed for four-and-a-half years.<br>James Austin-Beddoes, of St Annes, Lancashire was found guilty of fraud and acquiring criminal property.<br>He pleaded guilty to converting criminal property and was jailed for 18 months, suspended for a year.<br>Jonathan Kelleher of the CPS said: 'These offenders used the internet from the comfort of their own homes to obtain tens of millions of pounds worth of Bitcoin which did not belong to them.<br>'Cyber-enabled crime presents an increasing threat to international economic stability, as well as to honest individual investors in cryptocurrency.<br>'The CPS advised our police partners throughout this international investigation.<br>'Painstaking analysis of vast amounts of digital material and collaborative liaison with the Australian and Finnish authorities enabled us to mount a successful prosecution against these criminals.'<br>DS David Wainwright of Lancashire Police said: 'This was a large and complex case in which these offenders have now been brought to justice.<br>'I would like to thank everyone who worked as a team, together with our partner agencies, to achieve this successful outcome.'<br>Det Sgt David Wainwright, of Lancashire Police's Fraud Unit, said: 'The scale of the fraud in this case is absolutely staggering and led to the suspects literally having more money than they could spend.<br>'I would like to pay tribute to all the agencies who worked closely together to bring these people to justice.'<br>