Money Laundering Solicitors

Our experienced Money Laundering Solicitors provide expert support and representation to anyone accused of money laundering.

Money laundering is the act of concealing the origins of money obtained through illegal activities. If you are under suspicion of this crime, or are currently under investigation, it is imperative you seek immediate advice and representation from the experts.

At Draycott Browne, we offer specialist advice to anyone who is facing money laundering charges. Our expert business crime solicitors have successfully provided advice and representation in money laundering cases since 1998, so you can rest assured you have an experienced and professional team behind you.

If you are facing charges of money laundering and want the best possible outcome for your case, contact our highly skilled legal team at Draycott Browne on +44 (0)161 228 2244.

HOW WE CAN HELP

Draycott Browne will be there for you every step of the way. We provide first class advice and representation throughout the investigation and trial processes, including:

• Restraint orders
• Confiscation proceedings
• Investigations
• Interviews with the authorities
• Preparing your case for trial
• Representing you in court

Our highly trained team of solicitors will analyse every piece of evidence against you, with complete commitment and dedication to building an effective defence.

At Draycott Browne, we are also able to give you guidance on the appeals process, should you be unhappy with a decision made against you.

We work extensively with HM Revenue and Customs (HMRC) and will work with you to ensure that your company complies with HMRC’s Money Laundering Regulations, which were updated in 2017. These include:

• Assessing the risk of your business being used by criminals to launder to money.
• Checking the identity of your customers.
• Checking the identity of ‘beneficial owners’ of corporate bodies and partnerships.
• Reporting any suspicious activity to the National Crime Agency (NCA).
• Making sure that all your employees are aware of the regulations and have had the necessary training.

By adhering to these and other regulations, on which we can advise in more depth, you will be protected from any further penalties and prosecutions and we will work closely with you to ensure you understand your responsibilities to protect your business from future allegations.

WHAT ACTIVITIES ARE CLASSIFIED AS MONEY LAUNDERING?

Under the Proceeds of Crime Act 2002, it is an offence to have any involvement with the following activities:

• Possessing criminal property (such as goods or money)
• Using criminal property
• Concealing or disguising criminal property
• Facilitating the acquisition or control of criminal property

In order for property to be defined as criminal, it must be proven to be obtained through criminal activity.

Legal businesses can be targeted by money launderers as funds from illegal activity are often passed through a number of legitimate businesses. Anyone found handling this money can face prosecution and will require legal advice as soon as possible.

Allegations of money laundering can be far reaching, also affecting family, friends and colleagues. Anyone that prosecutors believe should have known the illegal origins of the money involved can face charges based on their failure to disclose the activity, so it is imperative to seek professional help without delay.

At Draycott Browne, we have a proven track record of dealing with cases such as these and will take a robust and proactive approach for the best outcome for your business.

PENALTIES FOR MONEY LAUNDERING

Depending on the circumstances of the crime, its timescale and the amount of criminal property involved, your sentence could vary widely. The penalties for money laundering include:

• A maximum of 14 years' imprisonment
• Community punishment
• Substantial Fine
• Assets frozen during investigation