John Palmer (criminal)

John Palmer

John Palmer (c. 1950 – 24 June 2015) was a British criminal involved in many illegal activities.

Early life

Born in Birmingham,[1] and reportedly dyslexic, Palmer left school at 15, and became a paraffin salesman.[2]

Brink's-Mat acquittal

In 1987, he was found not guilty in the Brink's-Mat robbery.[3] He admitted melting down gold bars from the robbery in his garden but said he did not know they were stolen.[4] He was reported by The Independent in 1993 as being subject to an asset freezing Mareva Injunction gained by Brink's-Mat from the High Court of Justice, enabling investigators to track his substantial financial resources [5] He later paid out £360,000 to Lloyd's the insurers as a result of a civil action brought against him, but continued to plead his innocence in the 1987 robbery and in 1999 claimed the authorities were persecuting him.[1] For his connection to the Brink's-Mat robbery, Palmer acquired the sobriquet of 'Goldfinger'.

Conviction for time-share fraud and later events

In 2001, he defended himself after sacking his legal team in one of the longest fraud trials in British legal history.[2] He was found guilty "of masterminding the largest timeshare fraud on record" and jailed for eight years.[6] It is reported that he swindled 20,000 people out of £30 million, but attempts by the Crown to confiscate this profit were later stopped in a court hearing.[7] Sentenced to 8 years, he served just over half of this term.[4] His fortune at the time of his conviction was estimated at about £300million,[2] but Palmer was declared bankrupt in 2005 with debts of £3.9m.[8]

In 2007, he was arrested on charges including fraud. Reportedly, he had been able to continue his criminal activities during his incarceration, following his 2001 conviction.[7] In 2009, after two years without charge in a high security Spanish jail, he was released on bail, but was required to report to court authorities every two weeks.[9]

In 2015, it was alleged by The Times from leaked Operation Tiberius files, that Palmer was protected from arrest and investigation by a clique of high-ranking corrupt Metropolitan Police officers.[10] Palmer's companions were reportedly once detained in possession of a silenced Uzi submachine gun and 380 rounds of ammunition.[10]

Death

He was murdered on 24 June 2015 at the age of 64 in his gated home of South Weald, near Brentwood, Essex[11] by a gunshot wound to the chest. The fact that he had been shot was only revealed during a post mortem as he had had open heart surgery which the wound was mistaken for.[12][13]

See also

References

  1. 1 2 Elizabeth Nash "Goldfingered", The Independent, 2 July 1999
  2. 1 2 3 Jeevan Vasagar and Nick Hopkins "King of crime who became as rich as the Queen", The Guardian, 24 May 2000
  3. John Steele "Swindler ran empire with army of thugs", telegraph.co.uk, 24 May 2001
  4. 1 2 Giles Tremlett "Spanish police hold 'Goldfinger' over claims he led international gang", The Guardian, 13 July 2007
  5. Phil Davison and Michael Prestage "Victims of a sunshine fraudster: Britons are being bullied and deceived by a timeshare firm in Tenerife", The Independent, 28 February 1993
  6. Judd, Terri (24 May 2001). "The Independent - London".
  7. 1 2 John Steele "Criminal with Brink's-Mat link arrested in Spain", telegraph.co.uk, 13 July 2007
  8. "Holiday conman declared bankrupt". BBC News. 6 May 2005. Retrieved 6 May 2010.
  9. John 'Goldfinger' Palmer out on bail
  10. 1 2 "'Goldfinger' had been protected by corrupt police". The Times. 2015-07-06. p. 5.
  11. ""Who killed Goldfinger? Fellow crooks he cheated out of Brink's-Mat millions? Rival timeshare sharks? Or the Albanian mafia? Sinister mystery behind shooting of a gangster once as rich as the Queen". MailOnline. 3 July 2015. Retrieved 3 July 2015.
  12. ""Murder investigation after John 'Goldfinger' Palmer shot dead". The Guardian (Press Association). 1 July 2015. Retrieved 2 July 2015.
  13. "Notorious 'Goldfinger' Conman Found Shot Dead". Sky News. 2 July 2015. Retrieved 2 July 2015.
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