Loan Shark
Jason Crocker was arrested by police as part of a money laundering investigation in May 2009. Yesterday, he admitted running an illegal money lending business at Plymouth Crown Court. He is turning the “proceeds of criminal conduct” into a host of expensive items. Officers seized a BMW, a Range Rover Vogue with a personalized number plate, surround sound systems, four flat-screen TVs, an Xbox, a Rolex watch, a Sony PlayStation3, laptops, a Nintendo Wii, DVD recorders and more than £3,000 in cash As part of the investigation. Most of which was found in a safe.
At trial the court heard Jason Crocker appeared to have no full-time paid employment. The jury heard not Jason Crocker or his wife had paid tax since 2003 to 2010. The bank records showed their joint benefit claims, made up of income support, child benefit and child tax credit and amounted to about £10,000 a year.
The prosecutors told the jury that when the police investigated they found an “unidentified income of over £100,000″ in the three-year period up to their arrest made up of cheque deposits, cash and passing through their bank accounts. A retrial was set to begin yesterday at the Plymouth Crown Court.