‘A jailed solicitor involved in the UK’s biggest ever tax fraud must repay £3m of his ill-gotten gains or face a further nine years in prison, a judge at the Old Bailey has ruled.’
Legal Futures, 18th December 2019
Source: www.legalfutures.co.uk
‘Financial gain provides the motivation behind all serious and organised crime. Billions of pounds are laundered through the UK every year. Understandably, it has long been the government’s policy to implement effective legislation to tackle this issue.’
5SAH, 2nd December 2019
Source: www.5sah.co.uk
‘Byron James, Partner and Head of Expatriate Law in Dubai, explains the challenges presented to family lawyers by the effective method of anonymous international money transfer system used around the world.; why and what family practitioners should know about it.’
Family Law Week, 20th November 2019
Source: www.familylawweek.co.uk
‘Before UWOs came into force on 31 January 2018, I provided seminars to solicitors on the potentially far reaching effects that the orders could have, including on mortgagees and trustees of property held by individuals who qualified for an order or in relation to enforcement by HMRC in respect of inappropriate tax planning. The reality is that the investigating authorities in the UK have thus far concentrated on the ‘low hanging fruit’.’
23 Essex Street, 4th November 2019
Source: www.23es.com
‘Dozens of UK law firms are – wittingly or unwittingly – providing corrupt individuals with services that enable them to “move, hide and defend their ill-gotten gains with impunity”, Transparency International (TI) has claimed.’
Legal Futures, 25th October 2019
Source: www.legalfutures.co.uk
‘A former milkman who got into financial difficulties has been sentenced for money laundering.’
Crown Prosecution Service, 26th September 2019
Source: www.cps.gov.uk
‘The Solicitor General discusses some of the UK’s key successes in tackling economic crime and the UK government’s ambitious Economic Crime Plan.’
Attorney General’s Office, 2nd September 2019
Source: www.gov.uk/ago
‘The owner of Ladbrokes Coral has been fined £5.9m for not protecting vulnerable customers and for failings in its anti-money laundering measures.’
BBC News, 31st July 2019
Source: www.bbc.co.uk
‘Government plans to combat money laundering, fraud and other economic crimes have come under fire for allowing banks that have previously been implicated in wrongdoing to play a key role in writing the new rules.’
The Independent, 13th July 2019
Source: www.independent.co.uk
‘Plans to introduce laws in Britain to combat money laundering could prevent the media and researchers from accessing vital information on the tide of dirty cash flowing around the world, campaigners and journalists have warned.’
The Guardian, 9th July 2019
Source: www.theguardian.com
‘A man has been jailed for almost 10 years for selling counterfeit erectile dysfunction and slimming pills and laundering more than £10m through bank accounts linked to a Jewish charity.’
The Guardian, 5th July 2019
Source: www.theguardian.com
‘The victims of two plumbing companies who defrauded their clients have been fully compensated for their financial losses, after Southampton City Council prosecuted the individuals involved.’
Local Government Lawyer, 4th July 2019
Source: www.localgovernmentlawyer.co.uk
‘There are almost 5,000 criminal gangs in the UK. But the old family firms are gone – today’s big players are multinational, diversified and tech-savvy.’
The Guardian, 4th July 2019
Source: www.theguardian.com
‘A new advisory board and statutory guidance would reduce wasted time and improve the UK’s ability to tackle money laundering and terrorist financing, the Law Commission has announced.’
Law Commission, 18th June 2019
Source: www.lawcom.gov.uk
‘Three London homes worth more than £80m have been frozen by the High Court in the second-ever use of anti-corruption orders to stop foreigners laundering cash in the UK.’
BBC News, 29th May 2019
Source: www.bbc.co.uk
‘Proposals for the first register of foreign-owned property aimed at preventing “McMafia-style” money laundering should be put in practice urgently and reinforced to plug potential loopholes, the government has been told.’
The Guardian, 20th May 2019
Source: www.theguardian.com
‘Autonomy founder Mike Lynch will on Monday begin his high court defence against accusations that he perpetrated a $5bn (£3.8bn) fraud, as US prosecutors unveiled fresh criminal charges accusing the British businessman of a cover-up.’
The Guardian, 24th March 2019
Source: www.theguardian.com
‘Nearly half of legal regulators do not have undertake enough supervision of anti-money laundering (AML) efforts, according to the organisation set up to scrutinise them.’
Legal Futures, 14th March 2019
Source: www.legalfutures.co.uk
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