Ontario Law Firm: Proceeds of Crime Defence
Money laundering is a term that describes the activities used to conceal the true origins of certain assets. It is not only a criminal offence to possess the proceeds of crime, but it is also an offence to use, transfer the possession of, send or deliver to any person or place, transport, transmit, alter, dispose of or otherwise deal with "any property or any proceeds of any property with intent to conceal or convert that property or those proceeds, knowing or believing that all or a part of that property or of those proceeds was obtained or derived directly, or indirectly," as a result of the commission of certain designated criminal offences.
In proceeds of crime cases, the prosecution must prove that the money involved is the proceeds of crime. It is up to the defence lawyer to show that there are alternative scenarios that can account for the suspect funds. Perhaps it came from a lottery win, a bet on a sports team, or a wise investment.
In money laundering cases, the prosecution must prove that the defendant intended to conceal or convert the proceeds of crime in some way.
The lawyers of Cohen, Sabsay LLP are experienced in the defence of clients accused of possession of the proceeds of crime via money laundering. We understand the processes used to trace the flow and movement of money. This knowledge often allows us to raise questions about the accuracy and reliability of our opponent's evidence.
Experienced in Financial Crime Defence
When representing clients in money laundering cases, we draw upon our experience in complex civil litigation and regulatory and administrative law, which often focuses on suspected financial misdeeds. This level of financial sophistication has helped us achieve positive outcomes in complex cases.
We have succeeded in money laundering cases involving stock swaps and transfers of funds to offshore accounts, as well as those involving the alleged investment of the proceeds of crime into shell corporations and mortgages, so as to distance the money from its original source.
Toronto Money Laundering Defence Lawyers
If you have been charged with money laundering, possession of the proceeds of crime, or are under investigation that may lead to such charges, please contact our office to arrange an initial consultation.
