Ex-official In Prince Charles’ Charity Arrested For Fraud

May 2nd, 2010 - 7:21 pm ICT by GD  

By Gina Gomez
Prince charlesLondon, May 2, (THAINDIAN NEWS) George Gray and his wife Gillian have been arrested by the authorities of Scotland Yard over charges of laundering with money worth 300,000. These activities by the accountant and his wife has led to the closure of one of the charities founded by Prince Charles. The 49-year-old accountant was previously the chief executive of ‘The Prince’s Foundation For Integrated Health’ an organization which had been set up by Prince Charles in the year 1993 to provide complementary and holistic therapies to the Londoners.

It has been reported that the police conducted a raid on the couple’s North London home early in the morning. With the Prince’s charity being in the center of the authorities’ investigation, the charity organization decided to stop all its activities immediately. The Prince of Wales’ foundation received at least 1million from the taxpayers of England in addition to the profits incurred from the various commercial ventures of Prince Charles. The illegal activities being carried on in the Foundation came to light when the authorities detected the illegal transactions which have been in practice for some time now.

The 49-year-old George Gray and his 54-year-old wife have refused to speak to the media after their arrest. The Prince of Wales’ British charity stopped all activity as soon as the fraud activities were detected and the arrest was made by the Scotland Yard. The main activity of the charity was to promote health activities through the country. George Gray was a former employee of this charity foundation and has been arrested on charges of mishandling money.

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