Regina v Mehta; Regina v Sharman; Regina v Reardon; Regina v Ratcliff – Times Law Reports

Posted October 3rd, 2008 in fraud, law reports, money laundering, proceeds of crime, sentencing by sally

Regina v Mehta; Regina v Sharman; Regina v Reardon; Regina v Ratcliff

Court of Appeal (Criminal Division)

“Money-launderers who offered a service to numerous criminals via bureaux de change or hawala banking were often as culpable as the criminals generating the money, if not more so, and often more culpable than those who handled the proceeds of a particular fraud.”

The Times, 3rd October 2008

Source: www.timesonline.co.uk

Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.

Canoeist wife launches appeal bid – BBC News

Posted August 13th, 2008 in appeals, fraud, money laundering, news by sally

“Anne Darwin, the wife of canoeist John Darwin, has lodged an appeal against her conviction and sentence for fraud and money laundering.”

Full story

BBC News, 12th August 2008

Source: www.bbc.co.uk

Six jailed after laundering £15m – BBC News

Posted August 8th, 2008 in money laundering, news, sentencing by sally

“Six businessmen have been jailed for laundering more than £15m stolen from NatWest bank.”

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BBC News, 7th August 2008

Source: www.bbc.co.uk

Church conmen jailed for £3.2m swindle of faithful – The Times

Posted March 11th, 2008 in fraud, money laundering, news, sentencing by sally

“A gang of Seventh-Day Adventists who conned millions of pounds from fellow churchgoers to fund a life of wild extravagance have been jailed.”

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The Times, 11th March 2008

Source: www.timesonline.co.uk

Good intentions going up in smoke? – The Times

Posted January 29th, 2008 in money laundering, special report by sally

“It is only just over six weeks since the new regime came into force — but already cracks have begun to emerge in the regulations to clamp down on money laundering by fraudsters and terrorists. The regime is proving costly to implement and risks catching innocent people in its net. But is it proving its worth?”

Full story

The Times, 29th January 2008

Source: www.timesonline.co.uk

Believers lost “lost £3million to Christian conmen” – The Times

Posted January 9th, 2008 in fraud, money laundering, news by sally

“A gang of Seventh-Day Adventists in London conned their fellow churchgoers into giving them millions of pounds to invest, which they then spent on luxury flats, holidays and cars, a court was told yesterday.”

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The Times, 9th January 2008

Source: www.timesonline.co.uk

Money Laundering Regulations – Guidance for the Bar – The Bar Council

Posted December 19th, 2007 in barristers, money laundering, news by sally

“The Money Laundering Regulations came into force in December 2007. New Guidance has been issued by the Bar Council.”

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The Bar Council, 18th December 2007
Source: www.barcouncil.org.uk

Corrupt lawyer to drug world is facing prison – The Times

Posted December 5th, 2007 in fraud, money laundering, news, perverting the course of justice, solicitors by sally

“A corrupt solicitor who was at the heart of a criminal network that made multimillion-pound profits from the heroin trade will be jailed today.”

Full story

The Times, 5th December 2007

Source: www.timesonline.co.uk

New anti-laundering rules prove ineffective – The Lawyer

Posted September 4th, 2007 in money laundering, news by sally

“The move to a risk-based approach to anti-money laundering regulation has yielded little fruit, according to new research.”

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The Lawyer, 3rd September 2007

Source: www.thelawyer.com

When e-money providers must verify identity: new guidance – OUT-LAW.com

Posted August 29th, 2007 in electronic commerce, money laundering, news by sally

“The Joint Money Laundering Steering Group (JMLSG) has published draft amended guidance for electronic money. It covers products that are card-based as well as those that are entirely software-based.”

Full story

OUT-LAW.com, 28th August 2007

Source: www.out-law.com

New money laundering rules will lead to more red tape, law firms warn – The Times

Posted July 27th, 2007 in money laundering, news by sally

“Regulations set to come into force in December will be costly and could lead to a drop in competitiveness, according to a survey.”

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The Times, 26th July 2007

Source: www.timesonline.co.uk

Government toughens Money Laundering Regulations – HM Treasury

Posted July 25th, 2007 in money laundering, news, terrorism by sally

“Today the Economic Secretary, Kitty Ussher, published new tough and targeted Regulations to fight Money Laundering and Terrorist Financing. The Money Laundering Regulations, which will come into effect on the 15th December, are designed to ensure the UK response to money laundering at home and abroad is effective and proportionate.”

Full story

HM Treasury press release, 25th July 2007

Source: www.hm-treasury.gov.uk

Ordre des barreaux francophones et germanophones and Others v. Conseil des Ministres (Conseil des barreaux de l’Union europeénne and Ordre des avocats du barreau de Liège, interveners) – Times Law Reports

Posted July 2nd, 2007 in EC law, law reports, legal profession, money laundering by sally

Obligation on lawyers to help combat money laundering

Ordre des barreaux francophones et germanophones and Others v. Conseil des Ministres (Conseil des barreaux de l’Union europeénne and Ordre des avocats du barreau de Liège, interveners) Case C-305/05

Court of Justice of the European Communities

“Advice and assistance given by lawyers in financial and real estate transactions that had no link with judicial proceedings were not exempt from the duty to cooperate in combating money laundering.”

The Times, 2nd July 2007

Source: www.timesonline.co.uk

Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.

Exile Berezovsky stays in London as Moscow puts him on trial – The Guardian

Posted July 2nd, 2007 in money laundering, news, Russia by sally

“The former oligarch and arch-critic of the Kremlin Boris Berezovsky is to go on trial in Moscow today accused of money laundering and embezzlement, in a case likely to put further strain on UK-Russian relations. Mr Berezovsky will be tried in absentia on charges of embezzling 214m roubles (£4.12m) from the Russian state-owned airline Aeroflot. The tycoon, who has lived in self-imposed exile in London since 2001, has refused to attend.”

Full story

The Guardian, 2nd July 2007

Source: www.guardian.co.uk

Law Society wins money laundering review – The Lawyer

Posted June 5th, 2007 in money laundering, news, solicitors by sally

“The Law Society has won another battle in its war to change the draft money laundering regulations causing headaches among City lawyers.”

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The Lawyer, 5th June 2007

Source: www.thelawyer.com

Treasury backs down on money laundering rules – The Times

Posted June 5th, 2007 in money laundering, news by sally

“The Treasury has agreed to reconsider its draft anti money laundering regulations after the European Commission backed a Law Society campaign calling for rules to be relaxed.”

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The Times, 4th June 2007

Source: www.timesonline.co.uk

Regina (UMBS Online Ltd) v Serious Organised Crime Agency and Another – Times Law Reports

Posted May 15th, 2007 in banking, law reports, money laundering by sally

Customer entitled to seek review

Regina (UMBS Online Ltd.) v. Serious Organised Crime Agency and Another

Court of Appeal

“The Serious Organised Crime Agency, a powerful statutory body whose decisions could imperil private and business banking activity on no more than a reported suspicion of money-laundering, should not withhold giving consent to a bank to allow it to operate a customer’s account under section 335 of the Proceeds of Crime Act 2002 without good reason.”

The Times, 15th May 2007

Source: www.timesonline.co.uk

Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.

Online communities face money-laundering – Daily Telegraph

Posted May 14th, 2007 in money laundering, news by sally

“Anti-Fraud experts are calling on the Government to start regulating virtual online communities amid fears that criminals and terrorists could use them to launder money.”

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Daily Telegraph, 14th May 2007

Source: www.telegraph.co.uk

Woolf urges immediate action for “embezzlement” lawyer – The Lawyer

Posted April 24th, 2007 in money laundering, news, Russia, theft by sally

“The Law Society has stepped in to defend a solicitor’s human rights after the Russian government publicly accused him of embezzlement.”

Full story

The Lawyer, 24th April 2007

Source: www.thelawyer.com

British lawyer accused over collapse of Yukos – The Times

Posted April 24th, 2007 in money laundering, news, Russia, theft by sally

“A solicitor has become the first British citizen to be targeted by the Russian authorities in connection with the collapse of Yukos, the oil company.”

Full story

The Times, 24th April 2007

Source: www.timesonline.co.uk