George Cottrell

George Cottrell (born 1 October 1993) is a British former politician, financier, and convicted felon.

For the English rugby union and rugby league footballer who played in the 1900s and 1910s, see George Cottrell (rugby).

George Cottrell
Born (1993-10-01) 1 October 1993
London, England
NationalityBritish (1993–present)
Swiss (2014–present)
EducationMalvern College
OccupationFormer political aide, financier
Net worth$360 million (2016)[1]
Parent(s)Hon. Fiona Cottrell
Mark Cottrell
RelativesLord Hesketh (uncle)
Joseph Watson, 1st Baron Manton (grandfather)

Cottrell was a senior advisor to Nigel Farage and head of fundraising for the United Kingdom Independence Party (UKIP) up until his arrest following the 2016 Republican National Convention.[2]

Early life and family

Cottrell was born in London, England to an aristocratic family. His father, Mark Cottrell, a businessman and landowner from Gloucestershire attended Gordonstoun with Prince Andrew, Duke of York.[3] George Cottrell's mother, The Honourable Fiona Cottrell, daughter of the late British industrialist Joseph Watson, 1st Baron Manton, is a former glamour model and girlfriend of Charles, Prince of Wales.

Cottrell's uncle Alexander Fermor-Hesketh, 3rd Baron Hesketh was a government minister and Conservative Party treasurer who defected to the United Kingdom Independence Party (UKIP) in 2011.

Cottrell was raised and educated on the private island of Mustique before attending Malvern College from which he was expelled for illegal gambling.[4]

Career

Cottrell was listed as a director in a number of businesses from a young age, both in the UK and overseas. Starting in 2013 Cottrell assumed a number of roles at banks including Credit Suisse, JP Morgan and Banca Privada d'Andorra (BPA). Following the 2015 UK general election Cottrell was appointed deputy treasurer of the United Kingdom Independence Party (UKIP).[5]

While head of fundraising for UKIP, Cottrell became the chief of staff to Nigel Farage, who was then UKIP leader. When Farage resigned as leader of UKIP, Cottrell continued to run his private office.[6]

Arrest and conviction

On 22 July 2016, while attending the Republican National Convention with Farage, Cottrell was arrested by IRS Criminal Investigation special agents at Chicago O'Hare International. Cottrell was federally indicted on 21 counts for conspiracy to commit money laundering, wire fraud, blackmail and extortion. Denied bail by a judge who branded Cottrell a "serious flight risk" he was detained in custody at Metropolitan Correctional Center, Chicago.[7]

Cottrell's indictment states how in 2014 he met with undercover federal agents in Las Vegas, where he conspired to launder millions of dollars worth of drug money using offshore bank accounts. However, following a plea agreement in December 2016, prosecutors agreed to dismiss 20 counts in return for a guilty plea to a single count of wire fraud in which Cottrell admitted to explaining various ways criminal proceeds could be laundered.

In March 2017, Cottrell was sentenced and released by Judge Diane Humetewa having served eight months in prison.[8]

gollark: Not that the gain is substantial though.
gollark: You can probably sometimes find nonempty cheap places. I just buy directly from gold sellers in bulk occasionally.
gollark: They aren't *always*.
gollark: Some cryptocurrencies do proof of stake though.
gollark: Hmm. Possibly. If you look at the lowest prices I think it was basically always dropping.

References
  1. Heighton, Luke (13 August 2016). "Nigel Farage's aide arrested as FBI probe links to money laundering and 'drug traffickers'". The Telegraph.
  2. Hines, Nico (28 December 2017). "Meet 'Posh George': The Shady Money Man Tangled Up With Brexit, Russia, and Trump". The Daily Beast.
  3. Wilson, Christopher (10 November 2013). "Prince Charles and his relationships".
  4. Cash, William (14 July 2017). "Nigel Farage's fixer and convicted fraudster, George Cottrell, on how he survived US prison". The Telegraph.
  5. Hines, Nico (28 December 2017). "Meet 'Posh George': The Shady Money Man Tangled Up With Brexit, Russia, and Trump". The Daily Beast.
  6. "Nigel Farage aide sentenced to eight months in prison". The Independent. 1 March 2017.
  7. "U.K. right-wing party adviser George Cottrell, jailed in Phoenix, admits targeting IRS agents in 'dark web' scam". azcentral.
  8. Kirchgaessner, Stephanie (7 June 2017). "Former Farage aide gave US information in plea deal, court files show". the Guardian.
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