Conspiracy to money launder

Laundering money is regarded as a serious offence because usually the laundered money has been gained from other serious offences such as drug trafficking, fraud or exploitation. 

What is money laundering?

In simple terms money laundering is the process of disguising the source of illegally obtained cash or other asset. The law surrounding money laundering comes from the Proceeds of Crime Act 2002. The most common offence charged is contrary to section 327 which makes it an offence to conceal, disguise, convert, transfer or remove (from the UK) criminal property.

What is criminal property?

Criminal property is defined as being a persons benefit from criminal conduct (or property which represents a benefit in whole or in part) when the alleged offender either knows or suspects that it constitutes such a benefit.

What is conspiracy to money launder?

In most cases this will involve an agreement between two or more persons to conceal, disguise, convert, transfer or remove (from the UK) criminal property. The prosecution often say that conspiring to launder money involves  a network of criminal accomplices and an understanding of the best ways to launder criminally obtained money. 

But, like other crimes (conspiracy to supply drugs being one example) individuals can become unwitting participants in money laundering conspiracies. So if you’re falsely accused of money laundering it’s vitally important you seek out the advice and help of a professional criminal defence solicitor who is experienced in money laundering cases in order to best prepare your defence. 

To speak to a member of the Burton Copeland team for advice on a conspiracy to money launder case you can either call us on 0161 827 9500 , or fill in our contact form and we will get back to you.