‘Firms operating in England and Wales should be prepared for tougher penalties in cases of fraud, bribery and money laundering now that new sentencing guidelines have come into force, an expert has said.’
OUT-LAW.com, 7th October 2014
Source: www.out-law.com
‘Following a period of training and implementation the definitive guideline on fraud, bribery and money laundering offences came into effect on 1 October 2014.’
Versions for the Crown Court and magistrates’ courts
Sentencing Council, 1st October 2014
‘Two men have been found guilty of money laundering over a dating website scam that targeted single women looking for love online.’
The Guardian, 8th September 2014
Source: www.guardian.co.uk
‘Where a statute aimed at the prevention of money-laundering prohibited the depositing of cash sums above a specified limit save where it was “commensurate with the lawful business activities of the customer”, a customer could not claim that cash sums above the limited regularly deposited by him from his pension were deposits from his “business activities”.’
WLR Daily, 7th August 2014
Source: www.iclr.co.uk
‘Senior managers at ‘money service businesses’ face up to two years imprisonment and an unlimited fine if their neglect leads to money laundering or terrorist financing activities, HM Revenue & Customs (HMRC) has warned.’
OUT-LAW.com, 14th August 2014
Source: www.out-law.com
Regina v Rogers (Bradley) and others [2014] EWCA Crim 1680; [2014] WLR (D) 362
‘Both the provisions relating to money laundering contained in the Proceeds of Crime Act 2002 and earlier authority provided jurisdiction in the English courts to cover an allegation of converting criminal property obtained by fraud in the United Kingdom by a person living and working in Spain who permitted the money to be received into his Spanish bank account and then withdrawn from it.’
WLR Daily, 1st August 2014
Source: www.iclr.co.uk
‘A gang of five rogue traders who conned elderly men and women in Essex out of more than £1m have been jailed.’
BBC News, 3rd July 2014
Source: www.bbc.co.uk
‘New convictions in the UK’s biggest-ever boiler room scam bring the total convictions in this £70m fraud to nine.’
BBC News, 4th June 2014
Source: www.bbc.co.uk
‘The Sentencing Council has published a new guideline for how people convicted of fraud, money laundering and bribery should be sentenced.’
Sentencing Council, 23rd May 2014
‘Jessica Craigs, senior solicitor, and David Salter, Joint Head of Family Law, both of Mills & Reeve LLP analyse the financial remedies and divorce news and cases published in March.’
Family Law Week, 11th April 2014
Source: www.familylawweek.co.uk
‘As part of a pan European project to cut down on alleged illicit money laundering through financial institutions and legally created entities such as companies, foundations and trusts, the European Union has launched its fourth anti-money laundering Directive.’
Six Pump Court, 7th March 2014
Source: www.6pumpcourt.co.uk
‘The director of public prosecutions for England and Wales has unveiled a new drive to clamp down on criminals hiding their assets abroad.’
BBC News, 24th February 2014
Source: www.bbc.co.uk
‘A British couple who have lost their High Court fight against extradition to the US over an alleged work expenses fraud have said that the “injustice is too much to bear”.’
Daily Telegraph, 20th February 2014
Source: www.telegraph.co.uk
‘Following consultation the Sentencing Council is publishing a new definitive guideline on fraud, bribery and money laundering offences committed by corporate offenders which will come into force on 1 October 2014.’
Sentencing Council, 31st January 2014
‘A man has been jailed for nearly four years for his part in a phishing scam that targeted UK students to steal in excess of £1.5m.’
The Guardian, 14th December 2013
Source: www.guardian.co.uk
‘A father and son convicted of illegal money lending have been ordered to pay back more than £300,000 in assets.’
Local Government Lawyer, 25th November 2013
Source: www.localgovernmentlawyer.co.uk
“Fines handed to companies convicted of fraud or other financial crimes should be calculated as a percentage of turnover, rather than with reference to the amount of financial harm caused, a committee of MPs has said.”
OUT-LAW.com, 13th November 2013
Source: www.out-law.com
“A pensioner who went on the run after conning a blind widow out of her £2.2m estate has been jailed for 10 years.”
Daily Telegraph, 13th November 2013
Source: www.telegraph.co.uk
“Lawyers have heralded the death of so-called libel tourism after the high court threw out two cases brought by wealthy foreigners over allegations published overseas.”
The Guardian, 15th October 2013
Source: www.guardian.co.uk
“Three Manchester loan sharks who charged vulnerable people 100% interest and menaced them by mobile phone have been jailed.”
BBC News, 24th September 2013
Source: www.bbc.co.uk
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