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    "Noted for the excellence of its white-collar defence practice"

    Chambers & Partners, 2014 edition

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    "Outstanding financial crime defence practice"

    Chambers & Partners, 2014 edition

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    "It’s a deluxe firm which pulls out all the stops for its clients"

    Chambers & Partners, 2014 edition

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    "They are the market leaders for serious crime’"

    Chambers & Partners, 2014 edition

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    "Kangs has an excellent reputation. They care about their clients and go the extra mile for them"

    Chambers & Partners, 2014 edition

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    "Kangs Solicitors is a standout firm"

    Legal 500, 2014 edition

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    "Kangs Solicitors is in the highest tier of firms"

    Legal 500, 2014 edition

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    "Hamraj Kang is noted for his very sharp legal brain"

    Legal 500, 2014 edition

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    "Kangs Solicitors fields a team of ‘technically able solicitors’
    and is well regarded for its serious crime and fraud work"

    Legal 500, 2014 edition

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    "Hamraj Kang is a shrewd tactician and very experienced"

    Legal 500, 2013 edition

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    "What the team is known for - handles an extensive array of criminal matters
    including murder, drugs and white-collar crime"

    Chambers & Partners 2013 edition

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    "Adept at dealing with cases that have an international dimension"

    Chambers & Partners 2013 edition

    Criminal Finance Bill 2016/2017| Kangs Financial Fraud Solicitors

    Criminal Defence Solicitors | Vat & Tax SolicitorsNEWSCriminal Finance Bill 2016/2017| Kangs Financial Fraud Solicitors

    Apr

    5

    April 5 , 2017 | Posted by Kangs Solicitors |

    Criminal Finance Bill 2016/2017| Kangs Financial Fraud Solicitors

    Timothy Thompson of Kangs Solicitors comments further on new offences proposed by this Bill.

    Unexplained Wealth Orders (UWOS) | Kangs POCA Solicitors

    UWOs are to be introduced to enable law enforcement agencies to seize and investigate property of an individual, without having to first prove criminal conduct, where it is suspected that such property represents the proceeds of crime.

    In effect, the presumption will be that if possession of the property in question appears to be disproportionate to the known income of the person in possession, it has been funded by the proceeds of crime.

    Upon being served with a UWO, the onus will be upon the individual to explain the nature and extent of their interest, how they came to obtain it and the provenance of the funds involved.

    Potential Consequences of a UWO | Kangs Confiscation Solicitors 

    On the face of it, the issue of a UWO will result in:

    • The individual involved proves, on a balance of probabilities, that the asset has been funded for legitimately and the property is released; or
    • The explanation provided by the individual is unsatisfactory, the property is deemed to be recoverable property and civil recovery proceedings will follow; or
    • The Individual fails to attend to the requirements of the UWO, he is found to be held in contempt of Court and the property will be presumed to have been acquired as the result of criminal activity and therefore recoverable.

    Our Expertise| Kangs POCA Proceedings Specialists

    UWOs are yet to be approved by Parliament. However, we are currently and regularly instructed in respect of all existing civil recovery matters such as Cash Seizure, Asset Forfeiture, Restraint, Property Freezing Orders and Civil Recovery Proceedings

    Should you or someone you know be affected by any of the above please do not hesitate to contact our team through any one of the following:

    Contact

    Hamraj Kang
    hkang@kangssolicitors.co.uk
    07976 258171 | 020 7936 6396 | 0121 449 9888

    John Veale
    jveale@kangssolicitors.co.uk
    07779 055907 | 0121 449 9888 | 020 7936 6396

    Frances Murray
    fmurray@kangssolicitors.co.uk
    020 7936 6396 | 07989 521210

    Tim Thompson
    tthompson@kangssolicitors.co.uk
    0121 449 9888 | 020 7936 6396 | 07710 67 77 67

     

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