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


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

Yesterday, 15:00

Farming was very different 200 years ago as Prof Ged Martin’s story of an Emerson Park landowner shows

I’m not normally one to buy into conspiracy theories, they’re only put out there to keep us too busy to think about the real things that are going on.

Yesterday, 10:00

Wondering what the weather has in store for us this weekend? Watch our Met Office video forecast.

Yesterday, 08:00

It’s unfortunate that way back in the 1960s a well-meaning gesture to honour a Battle of Britain hero, went a little awry.

Fri, 17:00

Burke told police officers that he wasn’t sure if it was himself, or another man driving at the time.

Fri, 12:49

Jamie Brown of Archant Local Impact explains how you can build brand awareness.

Fri, 12:17

Emergency services were called to the crash at around 7.30 this morning.

Fri, 12:00

A habitat creation scheme hopes to bring a new haven of wildlife to the Rainham Marshes with the creation of more than 5km2 of continuous habitats.


Vauxhall has completed its sport utility vehicle range with the third, and largest, Grandland X. We put the SUV, now available at Tony LeVoi in Romford, to the test.

“The time to repair the roof is when the sun is shining,” so the saying goes. So if some warm weather is making your conservatory uninhabitable, think about replacing its roof with a flat one and adding a roof lantern instead.

The next step in renewable energy could be right beneath your feet as you walk through a Romford shopping centre.

Newsletter Sign Up

Romford Recorder twice-weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

Most read news

Show Job Lists

Education Promo

News from your area

Digital Edition


Enjoy the
Romford Recorder
e-edition today


Education and Training


Read the
Education and Training
e-edition today

Read Now