Money Laundering Solicitors in London
Updated on Thursday 07th March 2019
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Money laundering is a serious phenomenon that unfortunately concerns all countries worldwide. International governments are fighting against money laundering through varied methods, however, it is quite difficult to prevent such crimes. Our money laundering solicitors in London are at your service if you would like to know your rights in the case you have been accused of such serious crimes. You can solicit complete legal advice from our criminal defence solicitors in London and find out the support we can provide you in the court of law.
What does money laundering represent?
According to the Proceeds of Crime Act 2002, money laundering refers to the cases involving sums of money that have been illegally gained through criminal activities and which need to be “cleaned” with the help of varied transactions. Offenders are looking for all sorts of methods to erase the tracking of money, like real estate transactions, bookkeeping tricks and many more. There are also so-called front businesses which involve money laundering. False cash receipts are provided, and it is the most common method used by groups of criminals dealing with money laundering in UK. Moreover, there are situations in which offenders make small deposits all over the world or only in the state they live in, a method called “money structuring”. Precious metals and jewelry are also used in the case of money laundering because it is quite simple from a logistics point of view as such assets can be easily moved from one place to another. Our money laundering solicitors in London can provide the needed legal advice for persons accused of such serious crimes.
A new anti-laundering set of laws in UK
Anti-Money-Laundering or AML is the institution that fights against the phenomenon in UK. In addition, the Office for Professional Body Anti-Money Laundering Supervision or OPBAS as it is called works closely with AML with a single yet important purpose and that is to implement a series of methods to combat such phenomenon. The Money Laundering Regulations 2017 comprises strict regulations about the financial services, terrorist financing and money laundering in UK, and the ways in which civil penalties and disciplinary measures are imposed. Let our criminal solicitors in London take care of your case and provide you the needed legal advice if you have been accused of money laundering. It is advisable to ask for immediate legal assistance and representation from our money laundering solicitors in London and let us take care of your case and create the needed defence in front of the authorities.
Money laundering forms met in UK
Dealing with money laundering is a serious concern at an international level and there are many institutions that collaborate to fight against the phenomenon. Because it takes many forms, it is quite challenging to develop all sorts of methods and measures against such serious crimes. The following are among the known forms of money laundering met in UK and also worldwide:
- shell companies and trusts are the types of vehicles that cover the real owners of the money in certain jurisdictions;
- in the case of bank capture, criminals use particular countries and financial institutions where the legislation is weak;
- black salaries, transaction laundering and casinos are also used in the case of money laundering;
- round-tripping is the type of method where the money is deposited in a foreign company controlled by a group of criminals.
We remind that our money laundering solicitors in London are here to provide complete defence for criminals accused of serious crimes like the above-mentioned ones. You can ask for our help at any time from our team of criminal defence solicitors in London.
Defence in money laundering cases in UK
It is important to have a solid strategy and ask for complete legal advice in the case you have been accused and detained for money laundering and related crimes. Knowing the facts and the circumstances in the case of money laundering before the proceedings will be in the attention of our money laundering solicitors in London. Our team of advisors will have to determine the particular facts of your case and see if there are any breaches concerning the Proceeds of Crime Act 2017. If there is not enough evidence and if the case cannot be sustained in front of the authorities, there are chances for you to be released on bail with the help of our money laundering solicitors in London.
Please do not hesitate to contact our team of criminal defence lawyers in London and ask for complete information about the defence we can provide for you.