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Prosecuting International and Organised Crime

Drug trafficking, people trafficking, use of firearms, money laundering, internet crime, fraud, serious robbery and organised vehicle crime at home and internationally, are all dealt with by the International Justice and Organised Crime Division. A specialist team of experienced prosecutors, the International Justice and Organised Crime Division work closely with the police and international law enforcement agencies to bring criminals to justice.

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Terry Adams pleads guilty to money laundering

06/02/2007

Terry Adams pleaded guilty earlier today at Blackfriars Crown Court to money laundering following an extensive investigation by the Serious and Organised Crime Agency, assisted by the security services, and meticulous work to build up the case by the Crown Prosecution Service.

Adams has been remanded in custody and will be sentenced in four weeks. Joanna Barnes, an associate of Adams, pleaded guilty to forgery and was bailed to return for sentencing in four weeks time.

In pleading guilty to money laundering, Terry Adams admitted that over a period of years he conspired with others to conceal or disguise property and assets which were the proceeds of his criminal activity.

Following the court hearing Alison Saunders, Head of the Organised Crime Division at the CPS said:

"Through sheer persistence and determination we have been able to uncover sufficient evidence and build a strong case which left Terry Adams with no option but to plead guilty. We have worked extremely hard to keep this prosecution on track despite a number of difficulties throughout the case. There have been changes in defence representation, many legal arguments and fixed trial dates have been broken because of defence applications. At all stages the prosecution has been ready for trial.

"This has been a very complicated investigation and prosecution. Terry Adams went to great lengths to cover his tracks and to disguise his criminal gains. Joanna Barnes helped him do that.

"No one is above the law and where there is evidence that someone has benefited from crime in this way and has been able to establish a very comfortable lifestyle with no legitimate means of doing so, we will prosecute and will seek to confiscate those assets."

When Adams was arrested, police seized £500,000 worth of arts and antiques, £59,000 cash in a shoebox in the attic and £48,000 worth of jewellery from his home. According to the prosecution Adams had no obvious legitimate means of acquiring these assets and of buying the family home in Barnet.

Media enquiries to CPS Press Office on 020 7710 6091.