Four charged over Rowan Dartington transactions
Four people charged with money laundering offences in relation to suspicious transactions at Rowan Dartington.
Avon and Somerset police have charged four people with money laundering offences in relation to suspicious transactions at Rowan Dartington.
A police spokesmen said three men and one woman will appear at Bristol Magistrates Court on 2 August.
Avon and Somerset police confirmed in January that five men had been arrested on suspicion of fraud offences and had been bailed pending further enquiries.
Graham Coxell, chief executive of Rowan Dartington said at the time that no current staff were involved in the situation.
Mr Coxell said clients of both Rowan Dartington and its Signature arm have not been disadvantaged.
He said: “This happened more than 12 months ago. Those five people are not connected to Rowan Dartington. It was less than five transactions that we picked up as being suspicious
“Our systems and controls picked up on it very quickly and we then notified the police. It is as a result of our systems picking it up so fast that has led to these people being arrested. It may be part of an issue that could affect other firms.”