Man charged with fraud and money-laundering

A 30-year-old man has been charged with fraud and money-laundering offences.

Ryan Kennedy is to appear at Bristol Magistrates Court on July 5.

He has been charged with the theft of Bitcoins to a value in excess of £1 million, that were then spent on a luxury lifestyle.

It is alleged the offences were committed between January – December in 2014.

This follows a three-year investigation by Economic Crime Team investigators from Avon and Somerset’s Complex Crime Team (Investigations).