Money laundering is the process by which criminal proceeds are sanitised to disguise their illegitimate origins. The main offences are found in sections 327, 328 and 329 of the Proceeds of Crime Act 2002 (POCA).
The offences carry a maximum sentence of 14 years’ imprisonment and are inevitably accompanied by restraint orders and confiscation proceedings. It is essential expert advice is obtained as soon as possible.
At SMW we have years of experience in representing clients facing money laundering allegations. We know that whether a client is accused of laundering thousands of pounds or millions of pounds, the pressures on them, their families and business interests can be immeasurable.
We meticulously defend all such proceedings and exhaustively prepare cases from their inception. Our advice and assistance while the police are investigating often proves critical in preventing proceeding developing.
Where cases do progress, we always ensure effective representations. We robustly challenge prosecution assertions and, where the case requires, obtain expert evidence from experienced forensic accountants who audit all conceivable trails of legitimate transactions. In these ways we are consistently able to secure favourable outcomes for our clients.
Contact David Sonn or David Bloom.