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A third man has been brought to Jersey to face charges relating to an alleged multi-million fraud.
Simon Boulstridge Bailey will appear in court today to be formally charged with offences linked with the now defunct Belgravia Financial Services Group.
In all, the 54-year-old former Jersey resident stands accused of six fraud-related offences, including a fraudulent sale of the former fund management company.
His court appearance will follow what investigators referred to as “lengthy” extradition proceedings, which involved joint work between Interpol, who issued a red alert, the National Crime Agency, Jersey Police’s Financial Crime Unit (JFCU), the Law Officer’s Department, the Jersey Financial Services Commission, and the Philippine Authorities.
Pictured: Jersey Police's Financial Crime Unit worked "closely" with other authorities on the case.
A JFCU spokesperson told Express Mr Bailey had been in the Philippines when the extradition proceedings were issued against him. However, he later took the decision to return to the island voluntarily.
He was met by States of Jersey Police officers in London, and came to face court in Jersey this afternoon.
His arrival marks the third person to have been brought to the island in connection with the alleged multi-million Belgravia fraud case.
Former local resident Russell King (59) was brought to the island from Bahrain in late July to be indicted on serious allegations of fraud and forgery, including an alleged attempt to misappropriate millions forming part of the estate of his deceased former business partner. He was asked to give please to 28 separate counts of alleged wrongdoing in total.
Pictured: Russell King (left) and Paul Barber (right) are also facing charges related to the Belgravia Financial Services Group.
In August, a second man, Paul David Barber (55), was detained in the UK and ordered to face Jersey’s Royal Court on the same number of counts.
Speaking about the latest individual to be implicated in the case, a JFCU spokesperson said: “This investigation has been a lengthy and complex investigation involving evidence gathering and assistance from multiple jurisdictions.”
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