Finance and Divorce Update – Family Law Week

Posted April 11th, 2014 in divorce, financial provision, money laundering, news, pensions by sally

‘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.’

Full story

Family Law Week, 11th April 2014

Source: www.familylawweek.co.uk

Comments Off

Recent Developments In Tax Planning From A European Perspective: The Impact on Off Shore Jurisdictions – Six Pump Court

Posted March 10th, 2014 in disclosure, EC law, money laundering, news, taxation, trusts by sally

‘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.’

Full story

Six Pump Court, 7th March 2014

Source: www.6pumpcourt.co.uk

Comments Off

DPP Alison Saunders announces plan to seize more criminal assets hidden abroad – BBC News

‘The director of public prosecutions for England and Wales has unveiled a new drive to clamp down on criminals hiding their assets abroad.’

Full story

BBC News, 24th February 2014

Source: www.bbc.co.uk

Comments Off

British couple lose their battle against extradition to the US – Daily Telegraph

Posted February 20th, 2014 in extradition, fraud, money laundering, news by michael

‘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”.’

Full story

Daily Telegraph, 20th February 2014

Source: www.telegraph.co.uk

Comments Off

New sentencing guideline for corporate fraud – Sentencing Council

Posted February 3rd, 2014 in bribery, codes of practice, fraud, money laundering, news, sentencing by tracey

‘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.’

Full guidelines

Sentencing Council, 31st January 2014

Source: http://http://sentencingcouncil.judiciary.gov.uk

Comments Off

Man jailed for phishing scam that targeted UK students to steal £1.5m – The Guardian

Posted December 16th, 2013 in conspiracy, electronic mail, fraud, internet, loans, money laundering, news, sentencing, theft by sally

‘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.’

Full story

The Guardian, 14th December 2013

Source: www.guardian.co.uk

Comments Off

Loan shark father and son ordered to repay £300k+ in assets – Local Government Lawyer

Posted November 25th, 2013 in assets recovery, gambling, loans, money laundering, news, sentencing by tracey

‘A father and son convicted of illegal money lending have been ordered to pay back more than £300,000 in assets.’

Full story

Local Government Lawyer, 25th November 2013

Source: www.localgovernmentlawyer.co.uk

Comments Off

Justice Committee calls for “more meaningful” penalties for companies convicted of financial crime – OUT-LAW.com

“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.”

Full story

OUT-LAW.com, 13th November 2013

Source: www.out-law.com

Comments Off

Pensioner jailed after conning blind widow out of £2.2m estate – Daily Telegraph

Posted November 13th, 2013 in forgery, fraud, money laundering, news, obtaining property by deception, sentencing by tracey

“A pensioner who went on the run after conning a blind widow out of her £2.2m estate has been jailed for 10 years.”

Full story

Daily Telegraph, 13th November 2013

Source: www.telegraph.co.uk

Comments Off

Libel tourism at an end, say lawyers following high court rulings – The Guardian

“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.”

Full story

The Guardian, 15th October 2013

Source: www.guardian.co.uk

Comments Off

Manchester loan sharks jailed after preying on young mothers – BBC News

Posted September 25th, 2013 in debts, interest, intimidation, loans, money laundering, news by sally

“Three Manchester loan sharks who charged vulnerable people 100% interest and menaced them by mobile phone have been jailed.”

Full story

BBC News, 24th September 2013

Source: www.bbc.co.uk

Comments Off

Deferred Prosecution Agreements ‐ at one with atonement – Dyers Chambers

“With the Crime and Courts Act having received Royal Assent on 25 April 2013, Andrew Price looks at the genesis of Deferred Prosecution Agreements (DPAs) and what may lie in store for the future.”

Full story (PDF)

Dyers Chambers, 11th July 2013

Source: www.dyerschambers.com

Comments Off

Man jailed over passport fraud – Home Office

“A man who attempted to help illegal immigrants get into the UK with British passports has been jailed for nearly four years.”

Full story

Home Office, 28th June 2013

Source: www.gov.uk/home-office

Comments Off

Fraud, bribery and money laundering offences draft guideline – Sentencing Council

Posted June 27th, 2013 in bribery, consultations, fraud, money laundering, news, sentencing by sally

“The Sentencing Council is updating guidance for courts so that all fraud offences are covered by a consistent set of guidelines that will also deal with corporate offenders.”

Full story

Sentencing Council, 27th June 2013

Source: http://sentencingcouncil.judiciary.gov.uk

Comments Off

Liverpool crime matriarch and two sons jailed over conspiracy to import drugs – The Guardian

Posted June 17th, 2013 in conspiracy, drug trafficking, money laundering, news, sentencing by sally

“Key members of one of Merseyside’s most notorious crime families are behind bars after admitting to running a multi-million pound drug smuggling and money-laundering racket.”

Full story

The Guardian, 14th June 2013

Source: www.guardian.co.uk

Comments Off

HSBC faces court threat as deal on money laundering charges stalls – The Guardian

Posted May 28th, 2013 in banking, deferred prosecution agreements, money laundering, news by sally

“Judge may take action that could leave HSBC facing a criminal prosecution and threat to its ability to do business in the US.”

Full story

The Guardian, 23rd May 2013

Source: www.guardian.co.uk

Comments Off

What’s Wrong with Money Laundering? – No. 5 Chambers

“Quite a lot, actually. This note considers, two recent High Court (QBD) decisions: Shah v HSBC [2012] EWHC 1283 (Supperstone J.) that clarifies the effect of making a ‘consent’ SAR – to the advantage and benefit of banks and solicitors but disadvantage of their customers and clients; and Dare v CPS [2012] EWHC 2074 (Bean J.) that provides an explanation of what it means to ‘facilitate’ a transaction under PoCA s. 328. In addition there is an afterword about the continuing problem of legal privilege that remains a little discussed, but unresolved, problem for solicitors.”

Full story

No. 5 Chambers, 4th February 2013

Source: www.no5.com

Comments Off

Police officer guilty of selling seized drugs back to dealers for profit – The Guardian

“A corrupt detective has been found guilty of stealing large amounts of seized drugs and selling them back to drug dealers in a plot that made him and his brother around £600,000.”

Full story

The Guardian, 2nd April 2013

Source: www.guardian.co.uk

Comments Off

Bogus Italian lawyer Giovanni di Stefano found guilty – BBC News

Posted March 28th, 2013 in deceit, fraud, money laundering, news by tracey

“A self-styled Italian lawyer has been found guilty of tricking people into
thinking he was a bona fide legal professional.”

Full story

Daily Telegraph, 27th March 2013

Source: www.telegraph.co.uk

Comments Off

Drug lord jailed as police shut down largest smuggling operation in UK – The Guardian

Posted March 27th, 2013 in drug trafficking, guilty pleas, money laundering, news by tracey

“The last remaining kingpin of an international network of organised criminal gangs that flooded the UK with £300m worth of illegal drugs has been brought to justice.”

Full story

The Guardian, 26th March 2013

Source: www.guardian.co.uk

Comments Off