Director denies wrongdoing in fraud case

Frank Harrold, one of four people charged last week with an alleged involvement in a multi-million pound fraud against the UK insurance industry, has denied any wrongdoing.

Company director Harrold, 34, was charged with money laundering on September 22 and was bailed to appear at City of London Magistrates on October 8, 2010, along with three others.

A statement issued by Harrold’s solicitors said: “We wish to stress in the strongest terms that Mr Harrold strenuously denies any allegations of wrongdoing against him.

“Mr Harrold was interviewed by police officers for the first and only time over 18 months ago and has fully cooperated with the police investigation.

“Mr Harrold and Janes Solicitors eagerly await service of the prosecution case and the opportunity this affords to finally ascertain the nature of the evidence upon which the charges are based and to focus fully on preparing his defence.”