HMRC has fined 68 estate agents more than £500,000 for breaching anti-money laundering requirements.
The fines totalled £519,645 and followed the first prosecution of an estate agent for trading despite not registering with HMRC to ensure compliance with money laundering regulations.
A director of Century House Estates in London, Felix Uwuigbe, was sentenced to 120 hours of unpaid community service and banned from acting as an estate agent for two years after he was convicted of ...
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