Tag: hawala banking

Why Prosecute When You Can Confiscate?

It might seem that the harsh and punitive nature of the UK’s criminal asset confiscation system would make the costly process of predicate criminal litigation less attractive. However, confiscation is not intended to be punishment, just denying criminals the proceeds … Read more…

Legitimate Hawala Banking Or Money Laundering?

Hawala Banking is an overused term given to an area of money transmission activity that predates conventional Western style banking. It is responsible for the global movement of funds on a massive scale, measured annually in £100s of billions. Therefore, … Read more…

Tax Investigations

There has always been a significant use of tax legislation in the fight against serious and organised crime.  Al Capone was a raketeer, an extortionist and a murderer, yet was put behind bars for tax evasion.  Since the Proceeds of … Read more…