Currency fraudster Peter Chapman ordered to pay £441,944.38 5 September, 2019 | News Releases

Currency fraudster Peter Chapman ordered to pay £441,944.38 5 September, 2019 | News Releases

Peter Chapman,

a former manager of polymer banknote manufacturer Securency PTY Ltd,

was today ordered to pay a confiscation order of £441,944.38.

This total

represents the full amount of his criminal benefit for paying bribes to a senior officer of the Nigerian mint.

Mr Chapman faces returning to prison for a default sentence of 4 years if the amount is not paid within 3 months.

Mr Chapman

was convicted on 11 May 2016 after trial at Southwark Crown Court of 4 counts of paying bribes to an official in Nigeria to secure contracts and sentenced to 30 months’ imprisonment.

Serious Fraud Office

https://www.sfo.gov.uk/2019/09/05/currency-fraudster-peter-chapman-ordered-to-pay-441944-38/