Nicholas Levene has been charged with offences of fraud, forgery, money laundering and false accounting
Mr City Stockbroker charged with Fraud (DOB 23. 04.1964) has today been charged with 16 offences relating to an alleged investment fraud. He has been charged with:
11 offences of fraud by misrepresentation (s1 (2) Fraud Act 2006)
two offences of possession of an article for use in a Fraud (s.6 Fraud Act 2006)
two offences of money laundering (s.327 (1) (d) Proceeds of Crime Act 2002) and
one offence of False accounting (s.17a Theft Act 1968).
Mr Levene was charged at Snow Hill Police station in London this afternoon following a 15- month investigation. Mr Levene has been released on conditional Police bail (Residence, surrender of passport, not to travel outside the UK) to appear before City of London Magistrates Court on 11 March 2011.
The investigation was conducted by the Serious Fraud office with assistance from the City of London Police Economic Crime Unit and also involved close multi-jurisdictional co-operation with a number of overseas authorities.
