In basic terms, money laundering involves covering up where money came from to hide the fact that is was obtained illegally.
Money laundering can be split into two distinct areas:
- Failure to adhere to the Money Laundering Regulations of 2007: The law states that certain kinds of businesses must have measures in place to prevent money laundering. They must also report any suspicious activity. When this is not done, businesses can receive penalties or face criminal prosecution. For businesses in circumstances such as these, we can offer thorough and effective legal representation.
- Criminal offences related to money laundering: These include concealing, converting, transferring or removing money or property obtained illegally from England or Wales, as set out in the Proceeds of Crime Act 2002. Money laundering offences can relate to money obtained via a person’s own criminal activity or the criminal activity of someone else.
Irwin Mitchell And Cases Of Money Laundering
Criminal investigations can begin at any time, so we’re available 24 hours a day, 7 days a week to help you deal with matters as soon as they arise. We can provide both individuals and businesses with comprehensive and practical advice on all aspects of money laundering cases, making sure that you are clear, at all times, of your position within the law and your legal rights.
Money laundering cases may involve:
- Interviews under caution or compulsion
- Compulsory document or information requests
- Execution of search warrants in offices and homes
- Seizure of property Restraint orders and property freezing
- Criminal charges
- Prosecution in Magistrates’ or Crown Court
- Judicial Review
Our experienced lawyers can talk you through any of these events as they arise. We will help you feel informed and well represented, giving you greater confidence in your case.
We regularly act in some of the largest money laundering investigations and we can advise on cases with an international element, such as if another nation has asked for you to be extradited from the UK. No case is too complex for us, so whatever your circumstances, you should contact our expert team.
We have offices around the country, so wherever you are in England or Wales, we can help and advise you.
We can also discuss what funding options are available. We usually work on a privately paying basis but if you cannot afford to pay, we could still work for you under the legal aid scheme. Contact us and we will talk you through all your options.
Contact Us for Free Advice on Dealing with Cases of Money Laundering
Our lawyers can offer you an initial, no-obligation discussion which will give you thorough information and advice on how to proceed. Call Sarah Wallace on 020 7421 3876, or Paul Haycock on 0114 274 4275. Alternatively, contact us online and we will get back to you.