Jeffrey Bevan, alongside his wife Samantha and two other defendants, will go on trial at Cardiff Crown Court to face allegations of laundering £1.85m.
The allegations relate to a period when Bevan worked for the Bermuda Government and the purchase of various properties, Judge Michael Fitton QC said, according to reports by WalesOnline.
The charges, addressing a period between May 2011 and February 2014, came after a four-year investigation by the Bermuda Police Service and the South wales Regional Organised Crime Unit into the alleged crimes.
The case will involve various properties in Swansea, Newport, Glasgow and Nottingham.
Jeffrey Bevan denies allegations of theft, converting criminal property and transferring criminal property while Samantha Bevan denies converting criminal property.
Charges of converting criminal property were also brought against Bevan’s friend, Joel Ismail, and financial adviser Paul Charity. Both deny the charges, and Charity also denies intending to pervert the course of justice.
According to the report, case witnesses will include staff from American Express, Barclays, HSBC, Lloyds, Nationwide, Principality and Santander, and some will appear via video link from Bermuda.