A UK court has jailed two men for a total of 33 years for laundering the equivalent of nearly £70 million and fraudulently claiming £10 million in COVID-19 Bounce Back Loans for their fake companies. Their sentences are believed to be one of the largest ever handed down in the UK for money laundering, with Artem Terzyan and Deivis Grochiatskij being sentenced for 17 and 16 years in prison, respectively.


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