Bury St Edmunds man on trial for allegedly criminal bank account transactions
A man has claimed that allegedly criminal transactions through his bank account were actually an effort to boost his credit rating.
Trevor Seeley, 40, of St Olaves Road, Bury St Edmunds, is on trial at Ipswich Crown Court accused of converting criminal property.
The offence is alleged to have taken place between January 1, 2014 and March 2014.
The prosecution have alleged that money from an online loans scam was paid into Seeley’s bank account which he then withdrew and passed on to someone else.
Today (Thursday) Seeley told the court that he had at one stage thought there might be something ‘dodgy’ about what was going on but had been assured by the loans company that it was all legal and above board.
Seeley said he had become up being a victim of fraud himself as money he had borrowed from his brother ended up being paid to the loan provider.
Giving evidence, Seeley said he became involved when he tried to obtain a £10,000 loan himself but was told that his credit score was too low.
Money was then paid into his account on the instructions of a man he knew as David Morgan and only spoke to by phone who then told him to withdraw it and wire it back.
Despite querying the legality of what was taking place, Seeley said money kept being deposited in his bank account which he was instructed to send back by another route.
Seeley, who admitted to having been together with his wife about £60,000 in debt at the time, said he was told by David Morgan that the transactions would help improve his credit rating.
At one stage Barclays Bank froze his account because of concerns about what was taking place, said Seeley which caused him problems and he was forced to change banks.
Seeley, a father of two who works as a night-shift forklift driver and warehouse operative, told the jury that he had not knowingly done anything illegal and felt that he too was a victim of fraud.
When the trial opened, Michael Crimp, prosecuting, alleged that money which arrived in Seeley’s bank account had been upfront fees for loans which were never made by the operators of an online site.
Mr Crimp said: “A number of people were conned into parting with their money and their money was paid into Trevor Seeley’s bank account.
“He then took it out and passed it on. He was a small but important cog in this scam.”
The trial continues.