News

Money laundering acquittal following half time submission

1 November, 2019

R v R & Others

Richardson Lissack was instructed to represent an individual at Bristol Crown Court who was charged under Section 328 of the Proceeds of Crime Act 2002 (entering or becoming concerned in money laundering arrangements), along with eight other defendants. The HMRC investigation (Operation Albany) into the activities of the defendants alleged that they were all involved in setting up various companies and bank accounts (some with multi-national links) that facilitated the laundering of millions of pounds. Our client was acquitted of all charges after a successful submission of no case to answer following the conclusion of the prosecution case at the half-way stage of the trial.