Money Laundering

The following are the specific offences outlined under the Act:

• S.327 – concealing, disguising, converting, transferring or removing criminal property from the UK.
• S.328 – entering into or becoming concerned in an arrangement which a person knows or suspects facilitates the acquisition, retention, use or control of criminal property.
• S.329 – acquiring, using or possessing criminal property.
• S.330 – failure to disclose knowledge or suspicion to a nominated person that another is engaged in money laundering in the course of a business in the regulated sector.
• S.331 – failure to disclose by a nominated officer (who receive disclosures under S.330) in the course of a business in the regulated sector, who do not pass the information to the National Crime Agency.
• S.332 – failure to disclose by nominated officers outside the regulated sector.
• S.333a – this section covers ‘tipping off’ offences for regulated companies.  This includes the disclosure of information that is likely to prejudice any investigation following the disclosure referred to in subsection (2) of the section of the Act, that subsection; and the information on which the disclosure is based came to the person in the course of a business in the regulated sector.

There are serious penalties available to the Court for money laundering convictions therefore it is essential that you seek competent representation. At Jeremy Gordon we are well versed in cases of this nature having represented Defendants in high value and complicated cases, including those charged as conspiracies.