MONEY LAUNDERING

Money Laundering Offences

Money laundering is the act of concealing the origins of money obtained through illegal activities, and the consequences of being convicted for this offence can be severe. The UK’s anti-money laundering (AML) regime is among the toughest in the world with stringent legislation requirements placed upon all AML regulated sectors and those businesses that must have Anti Money Laundering authorisation.

In most cases, criminals normally attempt to launder money without the willingness or knowledge of the business participants. However, even involuntary involvement can still mean that the business and its employees are subject to investigation as they may be found guilty by association if they have not performed appropriate due diligence and complied with the requirements of the regulations. Anyone found handling this money can face prosecution and will require legal advice as soon as possible.

If you or your business is under suspicion of Money Laundering offences or are currently under investigation, we can help.

Call our criminal defence lawyers on 0208 577 1222 or email us at ulal@cllaw.co.uk.

Money Laundering Defence Solicitors London

CL Law is an established Law firm in Heston, Hounslow, West London, our money laundering defence solicitors have longstanding experience in cases of this nature. We will use our knowledge, skill, and dedication in this complex area of law, and can offer guidance and representation on the following issues:

• Making Suspicious Activity Reports (SARs)
• Challenging restraint orders
• Regulatory / civil proceedings for inadequate AML systems or failure to report
• Obtaining consent to process transactions
• Unexplained Wealth Orders

What are the Penalties for Money Laundering?

The penalties for money laundering will depend on the circumstances of the crime, its timescale and the amount of criminal property involved, but a conviction can result in:

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

Family, friends, and colleagues can also be affected if it is assumed that they should have known the illegal origins of the money involved. Prosecutors can often bring charges against associates and loved ones based on their failure to disclose the activity.

Contact our Money Laundering Offence Solicitors

If you or a loved one has been accused of Money Laundering Offences, getting advice early on from a legal team with experience in these matters is crucial. Speak to one of our approachable, experienced criminal defence lawyers today and we can discuss your case with you, offering the best solution tailored to your situation.

Call our experienced defence lawyers on 020 8577 1222 or email us at ulal@cllaw.co.uk.

Legal costs

We will always ensure that the costs involved are presented in a clear and easy-to-understand manner. We do not apply any hidden charges. Your criminal defence lawyer working on your case will ensure that you are fully aware of all the fees involved. We will keep you fully informed of the criminal process and the options available to you.

We do not operate under legal aid and all our work is carried out on a private basis.

Fighting your corner