A former Accountant General employee in Bermuda, who committed money laundering offences involving $2.5 million, stolen from the Bermuda Government, was jailed for seven years in the UK.
According to BBC News, “Jeffry Bevan could not be prosecuted in Bermuda because all the money was transferred to the UK.”
The court heard that Bevan, 50, of Cwmbran, “manipulated a government payment system he was employed to set up”, and that “he deposited the cash into accounts in the UK”.
The BBC report also said that he had already admitted “transferring criminal property and converting criminal property”.
The report also said: “The former Welsh Government and BBC accountant was a ‘super-user’ in the office of the Accountant General in Bermuda.”
The prosecutor told the court that Bevan was able to “abuse a process where two invoices were created for one transaction – one was paid and one was left hanging in the air”.
“Bevan used the money he stole to pay off the mortgage on his home in Cwmbran.
“He also bought a house in Newport, two flats in Swansea, as well as property in Scotland and England and two Mercedes Benz cars.”
The white collar crime was not discovered by the defendant’s ex-colleagues until after Bevan left Bermuda in 2013, when they “spotted a series of fake payments which led them back to his account”.
Bevan was described in court as a “gambling addict with a fascination with risk and trying to win big”.
The BBC report said the judge, while passing sentence, told Bevan: “You betrayed the trust of the Bermudian government and your family, and you came to live a double life.”
The report also said the Crown “offered no evidence against Bevan’s wife Samantha, a former head teacher who had moved to Bermuda with him, and the judge directed a jury to find her not guilty”.