Kangs Solicitors has recently been instructed to represent several clients who are being investigated for alleged Money Laundering Offences.

The investigations are currently ongoing.

In this article Amandeep Murria of Kangs Solicitors highlights common forms of Money Laundering Offences.     

Why Choose Kangs Solicitors? | Our Experience and Credentials

Kangs Solicitors has been successfully defending clients charged with alleged financial misconduct since it was established in 1997.

We are rated as one of the best criminal law firms in the country and we are top ranked in both the leading legal directories, the Legal 500 and Chambers and Partners.  

Kangs Solicitors won the Legal 500 award for Criminal & Fraud Law Firm of the Year’.

The firm’s founding solicitor Hamraj Kang won the Legal 500 award for Individual Criminal & Fraud Solicitor of the Year.

We are here to assist clients with any financial criminal investigation or prosecution whether it is being conducted by the police or another investigating authority.

Our team can be contacted for immediate advice and assistance as follows:

The Relevant Law | Kangs POCA Solicitors

The Proceeds of Crime Act 2002 (‘POCA’) states at the following sections:    

Section 327 Concealing etc

‘(1) A person commits an offence if he—

(a) conceals criminal property;

(b) disguises criminal property;

(c) converts criminal property;

(d) transfers criminal property;

(e) removes criminal property from England and Wales or from Scotland or from Northern Ireland.

(2) But a person does not commit such an offence if—

(a) he makes an authorised disclosure under section 338 and (if the disclosure is made before he does the act mentioned in subsection (1)) he has the appropriate consent;

(b) he intended to make such a disclosure but had a reasonable excuse for not doing so;

(c) the act he does is done in carrying out a function he has relating to the enforcement of any provision of this Act or of any other enactment relating to criminal conduct or benefit from criminal conduct.’

Section 328 Arrangements

‘(1) A person commits an offence if he enters into or becomes concerned in an arrangement which he knows or suspects facilitates (by whatever means) the acquisition, retention, use or control of criminal property by or on behalf of another person.

(2) But a person does not commit such an offence if—

(a) he makes an authorised disclosure under section 338 and (if the disclosure is made before he does the act mentioned in subsection (1)) he has the appropriate consent;

(b) he intended to make such a disclosure but had a reasonable excuse for not doing so;

(c) the act he does is done in carrying out a function he has relating to the enforcement of any provision of this Act or of any other enactment relating to criminal conduct or benefit from criminal conduct.’

Section 329 Acquisition, use and possession

‘(1) A person commits an offence if he—

(a) acquires criminal property;

(b) uses criminal property;

(c)  has possession of criminal property.

(2) But a person does not commit such an offence if—

(a)  he makes an authorised disclosure under section 338 and (if the disclosure is made before he does the act mentioned in subsection (1)) he has the appropriate consent;

(b)  he intended to make such a disclosure but had a reasonable excuse for not doing so;

(c) he acquired or used or had possession of the property for adequate consideration;

(d) the act he does is done in carrying out a function he has relating to the enforcement of any provision of this Act or of any other enactment relating to criminal conduct or benefit from criminal conduct.’

Penalties Upon Conviction | Kangs Serious Fraud Defence Solicitors

Prosecutions for offences under Sections 327, 328 and 329 may be conducted either in a Magistrates’ Court or a Crown Court.

Conviction may result in the following penalties:

Before:  

  • a Magistrates’ Court:                     

a maximum sentence of six months imprisonment, a fine to the statutory maximum, or both.   

  • a Crown Court:

a fine, imprisonment for a period ranging between two and thirteen years or both.

How Can We Help? | Kangs Fraud Offences Defence Solicitors

If you are concerned about any aspects of money laundering, it is advisable to seek immediate expertadvice.

We can explain your rights to you and provide you with guidance on any likely future action.

On a daily basis we:                    

  • advise clients who anticipate that they may be arrested,   
  • advise clients generally in all matters concerning alleged money laundering criminal activity,
  • represent clients at interviews under caution conducted by any of the law enforcement agencies, 
  • discuss with law enforcement agencies whether or not there is any potential mitigation available to avoid prosecution or court trial,  
  • provide representation before all criminal courts, 
  • identify and instruct suitable leading barristers, including QCs.   

Who Can I Contact For Help? | Kangs National Criminal Defence Solicitors

Our expert criminal defence team is here to assist you and is available 24/7 on telephone number 07989 521 210.

Hamraj Kang leads the award-winning team of lawyers nationally recognised for its excellence and expertise in the area of financial misconduct defence work.

We welcome enquiries by telephone or email.

We provide an initial no obligation consultation from our offices in London, Birmingham and Manchester.

Alternatively, we provide initial consultations by telephone or video conferencing.

Contact:

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

Amandeep Murria
amurria@kangssolicitors.co.uk
0161 817 5020 | 020 7936 6396

John Veale
jveale@kangssolicitors.co.uk
0121 449 9888 | 020 7936 6396 | 07989 521 210