Money Laundering

Defending Money Laundering Offences

Adam Law Criminal Soilcitors 24hr emergency number 07976 850347If you want legal advice about money laundering Adam Law Solicitors specialist team can help in all aspects of money laundering offences.

Our experts have successfully represented clients who have faced money laundering charges over many years.

Money laundering cases are often very complex and even offences for small amounts such as £10,000 usually carry a prison sentence. It is important that a case is looked into thoroughly to establish whether a defence can be made. You must get expert advice from a specialist law firm, like Adam Law Solicitors.

The maximum penalty for the principal money laundering offences is 14 years imprisonment.

If you are concerned you may be facing charges for Money Laundering, or are already facing charges, it is essential you contact us as quickly as possible.  Phone us now on  0114 256 0111, or email us or use the form on this page.

Offences under the Proceeds of Crime Act

There are three main offences under the Proceeds Of Crime Act 2002 (POCA)

  1. Concealing, disguising, converting, transferring or removing criminal property (section 327 POCA 2002)
  2. Arrangements (section 328 POCA 2002)
  3. Acquisition, use and possession (section 329 POCA)

The definitions of these offences are complicated and lengthy but to summarise it is an offence to:

  1. Conceal, disguise, convert, transfer or remove from the jurisdiction criminal property
  2. Facilitate the acquisition, retention use or control of criminal property, and
  3. Acquire, use or possess criminal property.

There are exceptions that can be made and defences that can be mounted but this is a very complex area and you will need specialist advice to determine the best strategy.

Submitting a Suspicious Activity Report

The National Crime Agency advises:

“A Suspicious Activity Report (SAR) is a piece of information alerting law enforcement agencies (LEAs) that certain client/customer activity is in some way suspicious and might indicate money laundering or terrorist financing. Persons in the regulated sector are required under Part 7 of the Proceeds of Crime Act 2002 (POCA) and the Terrorism Act 2000 (TACT) to submit a SAR in respect of information that comes to them in the course of their business if they know, or suspect or have reasonable grounds for knowing or suspecting, that a person is engaged in, or attempting, money laundering or terrorist financing. A SAR must be submitted as soon as is practicable.

We can advise on this very difficult and sensitive obligation.

If you are concerned you may be facing charges for Money Laundering, or are already facing charges, it is essential you contact us as quickly as possible.  Phone us now on  0114 256 0111, or email us or use the form on this page.

We usually work on a private payment but if you can’t afford to pay we may still be able to represent you under legal aid. Contact us and we will discuss the funding options available.