U.K. Seizes Millions in Cash, Knightsbridge Properties in First Use of Dirty Money Law

(Bloomberg) — The U.K. reached a 9.8 million pound ($12.7 million) settlement in its first successful use of a controversial power designed to crack down on dirty money.



a sign on the side of a building: LONDON, ENGLAND - OCTOBER 07: A general view of The National Crime Agency building in Westminster on October 7, 2013 in London, England. The NCA replaces SOCA, the Serious Organised Crime Agency, which was formed in 2006. Dubbed "the British FBI", the NCA will be tasked with tackling the most serious of crimes in the UK and replaces a number of existing bodies. (Photo by Dan Kitwood/Getty Images)


© Photographer: Dan Kitwood/Getty Images Europe
LONDON, ENGLAND – OCTOBER 07: A general view of The National Crime Agency building in Westminster on October 7, 2013 in London, England. The NCA replaces SOCA, the Serious Organised Crime Agency, which was formed in 2006. Dubbed “the British FBI”, the NCA will be tasked with tackling the most serious of crimes in the UK and replaces a number of existing bodies. (Photo by Dan Kitwood/Getty Images)

The National Crime Agency settled a so-called Unexplained Wealth Order with Mansoor “Manni” Mahmood Hussain, a Leeds businessman, the agency said Wednesday in a statement. The 40-year-old handed over more than 45 properties in London, Leeds and Cheshire, four parcels of land, and nearly 600,000 pounds in cash.

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Immigration lawyer Paul Hesse disbarred after Manitoba Law Society finds he stole millions from clients

The Manitoba Law Society has disbarred Paul Hesse, stating the disgraced immigration lawyer lost over $6 million of his clients’ money through a series of schemes that saw them invest in fake or shell companies under the promise it would help them immigrate to Canada. 

Hesse had been under investigation by the law society since July 2019, when several of his former clients came forward to CBC and other media outlets, claiming he had bilked them out of their life savings.

The decision says that over a three-year period, beginning in 2016, Hesse lied to 27 different clients, almost all would-be immigrants, making false promises that cost them thousands of dollars.

“He lied, he stole, he acted in his own self-interest, he gave wrong advice and he abused his position to get his clients to lend him millions of dollars, most of which he never repaid,” the Sept. 16 law

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UK government to invest millions on wind power, Johnson says

LONDON (AP) — Prime Minister Boris Johnson pledged Tuesday that every home in Britain will be powered by wind energy in a decade as the government kick-starts a “green industrial revolution’’ that will create hundreds of thousands of jobs.



Britain's Prime Minister Boris Johnson visits the headquarters of Octopus Energy in London, Monday Oct. 5, 2020. They visited the startup company to promote the company's plan to create 1,000 new technology jobs across sites in London, Brighton, Warwick and Leicester, and a new tech hub in Manchester. (Leon Neal/Pool via AP)


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Britain’s Prime Minister Boris Johnson visits the headquarters of Octopus Energy in London, Monday Oct. 5, 2020. They visited the startup company to promote the company’s plan to create 1,000 new technology jobs across sites in London, Brighton, Warwick and Leicester, and a new tech hub in Manchester. (Leon Neal/Pool via AP)

In a speech to the annual Conservative Party conference, Johnson said the government would invest 160 million pounds ($208 million) in ports and factories to support production of the next generation of wind turbines. That is a tiny fraction of what it will cost to reach his goal as the U.K. currently gets about

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