The Proceeds of Crime Act 2002 creates a number of separate criminal offences of money laundering, which include obtaining, hiding, converting and removing criminal property. These can be very serious offences indeed and carry a maximum sentence of 14 years imprisonment.
Financial crimes cover a wide sphere of charges from theft and fraud, tax evasion, forgery and counterfeit to money laundering.
It’s not a surprise that Raymond Ashton’s major caseloads over his career focus largely two of these areas – tax evasion and money laundering, with book publications and articles dealing with both.
Raymond has been involved in a number of cases with an international spread so he has many contacts and colleagues in different jurisdictions thus providing a one-stop destination for clients needing advice relating to these areas.
The UK Treasury’s most recent statement (May 2020) on cross-border information sharing is an indication that tackling international crime, is an increasing priority and one becoming rapidly within reach to reduce crime and increase revenues.
Individuals and companies may easily be vulnerable to charges so it is imperative that any potentially suspicious activities are met with legal advice as early as possible, to allay future charges.
Cross-border information-sharing within corporate groups (HM Treasury, May 2020)