Facilitating Tax Evasion
HMRC is reported to be investigating alleged violations of a new criminal offence, part of the crackdown on money laundering and tax evasion, for the first time. A freedom of information request made by law firm Greenberg Taurig revealed there are five current criminal investigations. The Criminal Finances Act 2017 introduced the new offence of failing to prevent the facilitation of UK tax...Read More
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Confiscation – The Hidden Sentence
If you were able to listen in to a conference between client and solicitor, you might hear an exchange a little like this one: ‘What am I looking at?’ ‘Around 12-15 months, suspended if you are very lucky.’ ‘Oh, I can live with that!’ ‘But there is something else?’ ‘What?’ ‘You are going to lose your money, your house and your...Read More
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‘Follow the money’; bitcoin makes fraud prosecution more difficult
‘Follow the money’ is a rather clichéd line from the film ‘All The President’s Men’ which charted the scandal that engulfed President Nixon in the 1970s. But even today, the money trail is very much the first line of investigation in serious fraud cases, and one that is increasingly difficult to follow. Not so long ago, the ways of committing fraud were somewhat...Read More
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