Proceeds of Crime applications following conviction or the use of money laundering legislation along with other criminal fraud offences within predicate matters is now routine. However, dealing with each of the cases is far from routine and the lack of consistency by the Crown means that there is frequently a substantial amount of logical and robust response that can be made to financial cases and Statements of Information that are being presented. Our financial and business expertise is employed to:
Unpick the often confusing nature of a Prosecution case
Present the case clearly and succinctly
Exclude errors such as double counting and inappropriate application of financial legislation
Support a more balanced “common sense” position under cross examination
The Economic Crime Act – Too Little, Too Late? Global money laundering is one of the biggest (if not the biggest) criminal problems facing the world today. In the UK, the Economic Crime Act 2022 was pushed through on March … Read more…
Hawala has grown out of historic methods for moving money that were being developed long before the establishment of the western banking system … Read More
Providing expert accountancy reports in Proceeds of Crime confiscations has represented a substantial proportion of the crime and fraud focused work that I have been doing for quite some time now. When I started my specialist forensic accountancy business almost … Read more…
Does Preventing Tax Evasion Also Cure Money Laundering? Tax evasion and money laundering represent the outside layers of the same onion, whereby the core consists of drug trafficking, robbery and extortion. The outside layers are no less serious, and can … Read more…
Almost every forensic accounting case handled by Mark Jenner & Co Limited will involve some money laundering. It is the backbone of every fraud and financial crime that is committed, and very often these days is the predicate offence that … Read more…
Money laundering crops up in most of my forensic accounting assignments. This can range from tracing money stolen by the fraudsters or providing a balanced response for a defendant to a proceeds of crime confiscation. At the other end of … Read more…
Confiscation proceedings follow a criminal conviction for a number of different crimes. Anybody making money from illegal activities is likely to commit a qualifying offence. Such offences are those where the benefit from the crimes trigger a £5,000 threshold or … Read more…
Money laundering activity is not restricted to the criminals who are trying to clean up their proceeds of crime so that they can spend it or invest in further criminal activities. Every business and every individual is also just as … Read more…
GARY JOHN WILKES [2003] EWCA Crim 848 No: 200102859 Z3 Court of Appeal Criminal Division – Lord Justice Latham, Mr Justice Gross and Mrs Justice Cox – Friday 7 March 2003 @ Royal Courts of Justice, The Strand, London WC2 … Read more…
Mark Jenner & Co was involved in a confiscation case recently where the principles established in the case of R – v – Allpress were argued, including within the forensic accountant’s report! This was the case of a successful businessman … Read more…
The judgements made by the House of Lords in 2008 in the three cases of R – v – May, R – v – Jennings and R – v – Green are considered to be landmarks for the process of … Read more…
BENEFIT – USE OF MIXED FUNDS READ THE FULL ACCOUNT AT BAILII.ORG This case concerns Mr Waya who purchased a property using £310,000 of his own legitimate funds and £465,000 obtained as a loan. As he made false representations in … Read more…
DIFFERENT BURDENS OF PROOF (CIVIL OR CRIMINAL) WHEN DETERMINING BENEFIT RELIANCE ON PARTIAL RECORDS WHEN CALCULATING BENEFIT IN DRUG TRAFFICKING CASES READ FULL JUDGEMENT AT BAILII This criminal defence case is an appeal in the Supreme Court of Judicature involving … Read more…
It is essential that businesses are aware of the seriousness with which the authorities regard money laundering – the legislation has been termed “Draconian” and turning a blind eye to any form of criminality these days can present the risk … Read more…