A man who allowed his bank account to be used in a money laundering scam has been given a suspended jail sentence at Lincoln Crown Court.
Dean Wood, from Tattershall, subsequently had £36,229 paid into his business account from another company’s account as part of as “phishing” operation to defraud the victim firm.
Jonathon Dee, prosecuting, said Wood was asked to travel to Newark to withdraw cash for the criminals behind the operation but bank staff refused to allow the transaction to take place.
Mr Dee said “The bank was alerted to what was going on and stopped the account. All efforts to take the money out failed.
“Not withstanding that Mr Wood was paid £1.900 for his efforts.
“When he was interviewed he made a full and frank confession.
“He said he was aware something dodgy was going on and he knew it was wrong but still decided to go through with it.”
Wood, 28, of Clinton Park, Tattershall, admitted fraud as a result of the incident in May 2013. He was given an eight month jail sentence suspended for two years with an 18 month supervision requirement.
Recorder Richard Jones QC told him “ You dishonestly allowed your account to receive stolen funds. You knew what you were doing was wrong.
“It was dishonest but this was not the most sophisticated of crimes and I accept you had a limited role.”
Sunil Khanna, defending, said Wood was struggling for money at the time and feared he would lose his home.
“He wasn’t the main mover in any of this, “said Mr Khanna.