A 'due diligence' failure seems to have taken place at a bank in Leeds, with £32,000 from a property fraud being allowed to pass through it.

Details of how the account was used are sketchy. The account holder, one Calvin Wade, was the proprietor of a Caribbean restaurant in Leeds. He was desperate for extra money as his business was in decline. He therefore allowed a friend to use his account to launder £32,000 which was later linked to a £250,000 fraud against London property dealers Goldschmidt and Howland. The details of how that friend used it, how the bank failed to spot the transaction going through, and where the payment went to are unknown. Wade pled guilty on the day of his trial. The name of the bank is also unknown.