Criminals employ a range of techniques to clean their “dirty money”. Professionals working in the accountancy, legal and property sectors are being targeted  because of their expert skills and services (National Risk Assessment 2017), which can give a cloak of legitimacy to illicit cash. This gives professionals a crucial role to play in protecting the […]

Over £50,000 held in a Jersey account by the convicted mastermind of an “elaborate” international fraud, involving stealing the assets and identities of more than 250 people, has been seized. The confiscation was made possible thanks to the efforts of Jersey’s Attorney General and Law Officer’s Department working in tandem with international authorities to enforce […]

Five months after the release of the Panama Papers, a new, searchable database of 1.3 million files leaked from the company register of the Bahamas to German newspaper Süddeutsche Zeitung has ‘brought to light details of the financial interests of politicians, entrepreneurs, financiers – and fraudsters.” The new information reveals previously unknown or little-reported connections […]

Thematic Paper on Money Laundering Relationship between Money Laundering,Tax Evasion and Tax Havens. Money laundering is a very vast and complex topic, which requires a flexible and thoroughgoing political response to it. The present paper will only deal with the relationship between money laundering tax evasion and tax havens, for practical reasons and to remain […]

Dragons’ Den star Duncan Bannatyne’s former finance director has now been charged with fraud and money laundering. A finance director who worked for Dragons’ Den star Duncan Bannatyne’s group of companies, which are based in Darlington, has been charged with fraud and money laundering totalling almost £8 million. The Crown Prosecution Service has confirmed that […]

The leaked revelations about the tax-evading activities of the Swiss subsidiary of HSBC Bank rumble on. Britain’s Chancellor of the Exchequer has faced questions as to why, despite evidence of 1,100 tax-evading accounts being passed to the government in 2010, there has been only one prosecution—and why the chairman of HSBC was subsequently made a […]