The powers conferred by the Proceeds of Crime Act 2002 (POCA) upon enforcement agencies are extensive and are increasingly being used to challenge illicit finance. The various related regimes cast a wide net and the complex nature of proceedings means that individuals and businesses can be caught up in litigation that compels a suspect to account for their financial history.
We act for businesses and individuals who require advice in dealing with POCA investigations and proceedings when enforcement authorities seek to target capital and assets.
Cash seizure, detention and forfeiture is regularly used in the Magistrates’ Court and often accompanies a substantive investigation or prosecution. Indeed, the first a suspect may become aware that they are a person of interest is when a restraint order is made restricting them access or control of an asset. We advise clients on resisting these incursions.
Following a conviction, the POCA confiscation regime grants enforcement agencies draconian powers to appropriate property, assets, gifts and often draw in third parties who have legitimate rights over the target financial benefit.
Out team is adept at contesting all POCA related proceedings, negotiating with the prosecution and navigating the POCA frameworks which can otherwise be highly destructive for individuals and businesses.
- Money Laundering Offences and Confiscation Proceedings
- Account Freezing Orders and Account Forfeiture Orders
- Cash Seizures, Asset Seizures and Restraint Orders
“A cut above the rest and a force to be reckoned with”
“Ronald Fletcher Baker LLP have the benefit of real coalface experience, with a professionalism rarely found”
“They are committed to providing an excellent service to their clients”
“I trust the Criminal Litigation team completely, communication between the firm and the client is second to none”