Ex-cop already served his time for money laundering – Supreme Court confirms Marcel Loor sentence

POSTED: 10/16/12 1:13 PM

St. Maarten – Five years, two months and twenty days after his June 19, 2007 arrest the legal fight of former police Commissioner Marcel Loor ended when the Supreme Court ruled on October 9 that he is guilty of money laundering. His sentence of 23 months imprisonment of which 6 months are suspended, is now irrevocable. Loor has already served his sentence. He was released on June 19, 2008, after exactly one year behind bars.

But after his release, Loor pursued his case in the Supreme Court. On February 17, 2010, this court partially voided Loor’s conviction in the appeals court based on a technicality. When the appeals court re-did the trial it found Loor guilty again on July 8, 2010.

In April 2008, the appeals court sentenced Loor to 24 months imprisonment, with six months suspended, and an $8,400 fine. In November of 2007, the Court in First Instance had meted out a more severe punishment – four years imprisonment, a 600,000 guilders ($335,000) fine and repayment of 191,000 guilders ($106,700) to the Coast Guard. Loor also had to pay 379,000 guilders ($211,700) to the tax office for evaded income tax.

In April 2009, the Court in First Instance postponed a ruling in the seizure procedures against Loor and his girlfriend Charlene Craig until after the Supreme Court ruling in the Loor-case. The prosecution wants to seize 642,500 guilders (almost $357,000) from the couple, arguing that Loor and Craig obtained this money through criminal acts.

The Supreme Court gave Loor a rather meaningless sentence reduction of 1 month because more than two years have passed since he went in cassation. The court voided the 2010 appeals court ruling only with respect to the imposed prison sentence. The 15,000 guilders fine the court imposed in 2010 remains unchanged, and the way is now open for the prosecution to start a seizure procedure against the former policeman.

Loor was initially charged with laundering money between January 1, 2001 and December 27, 2006. The charge mentions an amount of $115,600 and/or an amount of $332,275, stemming from sixty cash deposits at the Standard Trust Company for Loor’s Nevis-based offshore company Santana.

The appeals court ruled in 2010 there is proof that Loor laundered money during a considerable shorter period: in the month of June, 2006. The Supreme Court has now confirmed this ruling. During that month, Charlene Craig made 14 cash deposits into her multiplier account at the RBTT bank – mostly for $8,000 or $9,000 a piece. The grand total of $115,000 was later transferred to an account in Loor’s name.

Investigators also found receipts for 14 cash deposits at the Standard Trust Company for $118,000. All but one of these deposits remained below the MOT reporting ceiling of $10,000. But on three different days, Loor deposited much larger amounts – $27,000, $35,700 and $24,000. Standard Trust split these deposits neatly in portions under the $10,000-ceiling.

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