Money laundering
The Proceeds of Crime Act 2002 brought extensive and hard-hitting powers both to combat money laundering and confiscate the benefit gained from crime, or in some cases suspected crime.
The money laundering regime encourages reporting to the authorities in that to do so provides a defence to what might otherwise constitute criminal activity. The definition of benefit can extend beyond the value of property actually received and it will often be necessary to prove that property has been lawfully obtained rather than the prosecution needing to prove otherwise.
Our lawyers have worked on some of the most complicated and large scale cases involving this law, representing both those under investigation and third parties affected by confiscation proceedings. We wrote a number of key chapters on confiscation in the recently published and authoritative Fraud: Law, Practice and Procedures and have also been published in The Times on the subject.
Further information
Details of our significant cases, many of which have involved money laundering.
Please call Rod Fletcher on 020 7339 6442 during office hours or 07802 216 842 out of office hours.