Crime boss facing jail for financial breaches

12 April 2012

London's most feared gang boss was behind bars today after allegedly breaching orders involving his finances.

Terry Adams, 56, was facing City of London magistrates' court today charged with eight financial reporting offences.

He is said to have breached restrictions placed on him after he was convicted and jailed for money laundering.

Adams, of Barnet, said to be the head of a ruthless £200 million crime empire, was jailed for seven years in 2007 but released early on licence last year after serving half his sentence. He was arrested and held overnight and now faces being recalled to serve the rest of his sentence.

He is alleged to have failed to notify the Serious and Organised Crime Agency about payments to an undeclared account.

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