By Barry Vitou, Anne-Marie Ottaway and Gareth R. Hall on Posted in cannabis,criminal law,Proceeds of Crime Act,White collarWith the U.S. cannabis market reported to be worth around $10 billion, sales in Canada expected to reach $6.5 billion by 2020, and the UK having recently decriminalised the use of the drug for medicinal purposes, UK-based investors are eyeing the potential for profit from this new business area. Click here to read the full GT… Continue Reading
By Anne-Marie Ottaway, Barry Vitou and Gareth R. Hall on Posted in criminal law,GT Alert,Proceeds of Crime Act,White collarIt is widely thought that proceedings under the Proceeds of ‘Crime’ Act, such as confiscation, are intended to obtain the money someone makes from committing a crime. So, the thinking goes, if a person is convicted of fraud having made £100,000 from the crime, then those funds can be confiscated by the courts. While this… Continue Reading
