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Sydney NSW 2000
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Melbourne VIC 3000
231 North Quay
Brisbane QLD 4000
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Canberra ACT 2601
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Perth WA 6000
Contact Armstrong Legal:
Sydney: (02) 9261 4555
The legislative intent is to twofold and broadly defines the two categories of individual charged with these offences:
In the context of the first category, the money-laundering offence will very often be coupled with a substantive charge, such as drug-supply, fraud or obtaining benefits by deception, or a tax or other Commonwealth entity fraud.
In the case of the second category, the charges will often stand alone. The individuals charged this way may be lawyers, accountants, investment advisors or others who handle money on behalf of clients.
Money laundering charges are complex under both the State and Commonwealth law. There is a gradation in the seriousness of the offence based on how much money is involved and what level of knowledge the Crown will be able to establish the accused had. It is possible to be charged with the least serious money-laundering offences based purely on being negligent.
The Crown often couples charges like this with asset seizure and preservation orders under either NSW law or the Proceeds of Crime Act (Cth). These are powerful pieces of legislation which can severely affect your livelihood. More details about these powers can be found here...
The hardest task for the Crown will always be trying to establish what the person charged knew about the money or property they were dealing in. It is therefore often possible to negotiate the charge into a less serious category or prove outright that you had no knowledge that the funds were reasonably likely to have been illegally obtained.
As specialist corporate criminal lawyers we understand the business behind the dealings in property and money. We understand these complex offences and have experience in both the State and Commonwealth offence provisions. Our team has the experience to assist if you face other charges related to the money-laundering.
If you suspect that you may be under investigation, or if you have been charged with an offence, it is vital to get competent legal advice as early as possible. Our lawyers are highly specialised in corporate crime and will be able to guide you through the process while dealing with the various authorities related to your matter.