Search

Romford man among gang jailed for £15million alcohol fraud

PUBLISHED: 17:21 25 April 2016 | UPDATED: 17:21 25 April 2016

Cash seized by HM Revenue and Customs

Cash seized by HM Revenue and Customs

Archant

A criminal gang caught with bundles of illicit cash made from selling alcohol illegally has been jailed for a total of 19 years.

The gang, including Steve Randall, 44, of Glenton Close, Romford, was charged with concealing, disguising, converting or transferring criminal property.

Randall and his accomplices were arrested after HM Revenue and Customs investigators found that two businesses, allegedly selling alcohol outside the UK, were in fact being used to launder illicit cash made from selling alcohol illegally in the UK without paying excise duty or VAT.

Louca Christos Louca, 51, of Kent, was arrested on October 24 2011 after investigators discovered almost £100,000 cash in his car.

The following day Gary Bissenden, 50, of Kent and Lucy Buckingham, 30, of East Grinstead, West Sussex, were arrested in an East Grinstead car park.

Bissenden was carrying a holdall containing nearly £160,000 in cash. A further £17,750 and 11,000 euros were found at his then home in Herne Bay.

From November 1 2010 to February 3 2012, £15 million in proceeds from illegal alcohol sales was transferred from the business accounts of Saffire Trading Ltd and Eurolink Trading Ltd to their main supplier.

Randall, director of Saffire Trading Ltd, was jailed for six years and disqualified from being a company director for six years at Sourthwark Crown Court on April 22.

Louca, director of Eurolink Trading Ltd, was jailed for seven years and disqualified from being a company director for 10 years.

Bissenden, who had delivered the cash to Saffire Trading Ltd and Eurolink Trading Ltd, was jailed for three years.

Buckingham, who faked documents to facilitate the crimes, was jailed for three years and disqualified from being a company director for five years.

Comments have been disabled on this article.

Latest Romford News Stories

08:38

Police and emergency services were called after a van overturned and went through the central reservation in a busy Romford road.

07:00

A leading UK home builder has launched the final phase of apartments and penthouses in a parkland setting, as figures suggest the new Elizabeth Line is making Harold Wood more attractive for first-time buyers.

Yesterday, 17:00

I’ve got to admit, I have never been the biggest fan of Bollywood.

Yesterday, 16:16

Detectives from Essex Police are appealing for the public’s help in tracking down a man who is suspected of sending threatening messages.

Yesterday, 14:57

The National Health Service is calling for people to put forward the names of Windrush generation NHS workers for awards celebrating their contributions to the UK.

Yesterday, 13:16

The two-year-old boy who was injured in a collision in Rainham yesterday is now in a stable condition.

Yesterday, 12:00

The first council-created app has launched to encourage children to eat healthier and to target childhood obesity in the borough.

Yesterday, 10:33

A semi-finalist from talent show The Voice is set to visit Havering for one-night only performance.

PROMOTED CONTENT

There are many reasons people decide to join a gym. Some want to pack on muscle for strength, train for endurance, or lose weight. But did you know it also does wonders for your mental health? Two members at Romford’s Better Gym in the Market Place talk about their personal fitness journey and the importance of replacing bad habits with good ones.

Sean Watson, director at the family-run St Michaels Homes which runs Howard Lodge and Dudbrook Hall, answers the common questions people have about care homes.

NC Construction Services Ltd, based in Hornchurch, Essex, is branching out into residential home improvements and refurbishments after many years working in the commercial sector, in direct response to potential clients looking to add space and value to their property.

Newsletter Sign Up

Sign up to receive our regular email newsletter

Most read news

Show Job Lists

News from your area

Competitions

Having a brand new kitchen is something that lots of people want but can only dream of. Sadly keeping up to date and making our living spaces as nice as they can be is a costly and incredibly stressful business. Even a fresh coat of paint makes all the difference but isn’t easy or quick.

Who wouldn’t love the chance to go on a shopping spree. Imagine being able to walk into a shop and choose whatever your heart desires without having to worry about how much it costs.

Digital Edition

cover

Enjoy the
Romford Recorder
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now