Jack Newbury, a reality TV star from Woking, who starred in Channel 4's Coach Trip, allegedly agreed to safeguard some money stolen from a wealthy victim by a con man who was posing as a policeman.
Kevin Dent and David McNeill, barristers from 5SAH's specialist Business Crime Team, prosecute the trial which is being heard at the Old Bailey.
Two days later the money was successfully transferred from the victim's account to a business account controlled by Neil Newbury, the 49 year-old father of Jack Newbury.
The cash was then moved on to a series of other different accounts, including £20,000 each to Jack Newbury and his sister Charlotte Newbury-Hulbert, 32.
Neil and Jack Newbury are also said to have helped launder £50,000 from a similar fraud on another victim, 87 year-old Patricia Burnham.
Prosecutor Kevin Dent told the Old Bailey: "They are not alleged to have played a part in the actual frauds on victims. Their role was helping to launder the proceeds.
Kevin Dent and David McNeill are prosecuting the case against the following defendants:
Neil Newbury, of Debden Close, Kingston, south London, Jack Newbury, of Foresters Close, Woking, Surrey, Charlotte Newbury-Hulbert, of Windle Close, Windlesham, Surrey, Shah Hussain-Ali, of no fixed address, Moinul Hossain, of Nigel Road, Forest Gate, east London, Hima Hossain, of Carberry, Little Strand, Colindale, north west London, all deny converting criminal property between October 2014 and December 2014 relating to £287,591.66 from Steven Green.
Neil Newbury and Jack Newbury deny converting criminal property between February 2015 and March 2015 relating to £50,000 from Patricia Burnham.
Moinul Hossain denies converting criminal property between November 2014 and January 2015 relating to £10,000 from Catherine Evans.
Moinul Hossain and Hima Hossain deny converting criminal property between March 2015 and December 2015 relating to £81,692 from Mark Eylatt.
Hima and Moinul Hossain are being tried in their absence.
Summarising the case, the prosecutor told jurors: "These defendants have been involved in processing or laundering a combined total of £430,000 worth of criminal property from four different frauds.
"As a consequence of their actions £430,000 worth of victims' money was gone, dissipated, scattered like the wind, well and truly lost."
The trial continues at the Old Bailey.
Kevin has built up a wealth of experience over 20 years in fraud and serious crime and is often instructed as leading counsel. The core of Kevin’s practice is fraud, revenue evasion, money laundering, and healthcare frauds. Kevin is often instructed in multi-million-pound fraud cases involving large volumes of complex material calling upon Kevin’s keen eye for detail.
David is a barrister with a strong practice in fraud and serious and organised crime cases. David has built up a wide experience prosecuting and defending difficult, complex, multi-handed cases, both alone and as junior counsel. He has particular knowledge of tax, VAT and Excise, drugs, money-laundering and organised crime cases and has been instructed on a number of cases with a significant international dimension.
