A multi-million pound money laundering trial has begun in London involving a chartered accountant and his personal assistant.
Chartered accountant Peter Michel, the sole principle of Michel and Co., along with his personal assistant, Simone Gallichan, are accused of using 'pool accounts' for 53 clients to hide where their money really came from.
The face a total of ten charges relating to money laundering and cheating HM Revenue & Customs out of millions of pounds.
Both face the prospect of long jail sentences if convicted.
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