Guilty - Laundering Money (Drug Related)
Guilty - Laundering Money (Drug Related)
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29 May 2008, 08:32 PM
#8
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its not gonna get any much worse to be truthfull , you may aswell go out in style try bribing the judge (zip ties and gaffer tape his family the morning of court ) intimidate ALL witnesses if needs be AK47s DO work ..
29 May 2008, 08:56 PM
#10
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Which jurisdiction, as that makes a big difference. English I take it. Depends on the circumstances, but I think the max term is 14 yrs + massive fine and/or confiscation of assets. 50K is getting into the industrial end of money laundering. Drug related makes it worse, double whammy.
The CPS : Money laundering offences
Parliament has decided money laundering offences are very serious carrying a maximum of 14 years
The CPS : Money laundering offences
Parliament has decided money laundering offences are very serious carrying a maximum of 14 years
29 May 2008, 09:01 PM
#11
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A maximum sentence means nothing. The maximum sentence for shoplifting is 7 years, but usually ends in a £50 fine.
The max sentence for robbery is life, but usually ends up with community service unless the offender is a repeat one and the circumstances nasty - then they get 3 years.
18 months - 2.5 yrs I'd bet on the minimal info offered.
The max sentence for robbery is life, but usually ends up with community service unless the offender is a repeat one and the circumstances nasty - then they get 3 years.
18 months - 2.5 yrs I'd bet on the minimal info offered.
29 May 2008, 09:11 PM
#12
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i recon no jail at all, he will lose the money and they will look into him a little closer
is this someone who has been caught with the cash, like in a bag ?
is this someone who has been caught with the cash, like in a bag ?
29 May 2008, 11:03 PM
#13
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How do they know its drugs related ?
Cash in a bag like paul says can be a manner of things, just sold a car, truck, boat blah blah & on the way to the bank to put it in, doesnt trust banks & has his own personal safe at home.
If he knows someone that can vouch for it then easy ozi.
Only thing now is that the authorities will be keeping a closer eye on him.
Good luck if it isnt drugs
Cash in a bag like paul says can be a manner of things, just sold a car, truck, boat blah blah & on the way to the bank to put it in, doesnt trust banks & has his own personal safe at home.
If he knows someone that can vouch for it then easy ozi.
Only thing now is that the authorities will be keeping a closer eye on him.
Good luck if it isnt drugs
29 May 2008, 11:12 PM
#14
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I know somebody who was waiting to appear in court for fraudulently obtaining money and actually went to the bank and withdrew £240,000, then informed the fraud squad of his actions but said he had the money taken from him on the way home. Nothing anybody could do!!
Cracking justice system for those that lost money.
Cracking justice system for those that lost money.
30 May 2008, 11:28 AM
#15
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If he or she has pleaded guilty then they will get a 1/3rd knocked off what they would have got for going to trial. What that could be depends entirly on the Judge on tha particular day.
But what is worse than the sentence, is the fact that ALL his finances for the last 6 years will be investigated. Plus possibly the finances of spouses and relatives.
Every single penny earned / banked / spent / holidays taken / lifestyle lived etc will be investigated.
Anything that he or she cannot fully account for will be judged to be "illegal earnings" and he will get fined for that amount. If they have assets, expect them to be taken into consideration.
A friend of mine went guilty on what she thought was a minor offence as she was told she'd only get a slap on the wrist - which she did.
But because she'd been found guilty she was then investigated further and ended up with "assumed" legal earnings of something like £150,000!!!!!
Luckily she didn't have much in the way of assets (in her name) and she ended up having to pay £7500 (think she got 6 months in which to pay)
But the rest of the amount is still there on paper - is she won the lottery they would come after her for the rest of the money!
It depends on what crime you are found guilty of, but his is what happens under the "proceeds of crime act" - you are assumed GUILTY until YOU prove your own innocence.
Unless you keep 6 years of records for EVERY penny you earn and spend, including that money you earned from ebay or car booting then you ARE going to be in the ****.
An example my friend had: she was told that the investigation team believed she had upto £50k in overseas accounts that she was hiding from them. She didn't, but how do you prove someting you don't have - you can't! So they still think she has! Crazy!!!
Its like the police saying to you "we believe you bought a Ferrari F40 with illegal cash, then sold it after 12 months and sent the proceeds to an overseas bank account. Prove that the money you bought the car with wasn't illegal money or we are going to fine you that amount" - You can't prove it as it didn't really happen, but if you can't prove it then you are FECKED!
Waggy
But what is worse than the sentence, is the fact that ALL his finances for the last 6 years will be investigated. Plus possibly the finances of spouses and relatives.
Every single penny earned / banked / spent / holidays taken / lifestyle lived etc will be investigated.
Anything that he or she cannot fully account for will be judged to be "illegal earnings" and he will get fined for that amount. If they have assets, expect them to be taken into consideration.
A friend of mine went guilty on what she thought was a minor offence as she was told she'd only get a slap on the wrist - which she did.
But because she'd been found guilty she was then investigated further and ended up with "assumed" legal earnings of something like £150,000!!!!!
Luckily she didn't have much in the way of assets (in her name) and she ended up having to pay £7500 (think she got 6 months in which to pay)
But the rest of the amount is still there on paper - is she won the lottery they would come after her for the rest of the money!
It depends on what crime you are found guilty of, but his is what happens under the "proceeds of crime act" - you are assumed GUILTY until YOU prove your own innocence.
Unless you keep 6 years of records for EVERY penny you earn and spend, including that money you earned from ebay or car booting then you ARE going to be in the ****.
An example my friend had: she was told that the investigation team believed she had upto £50k in overseas accounts that she was hiding from them. She didn't, but how do you prove someting you don't have - you can't! So they still think she has! Crazy!!!
Its like the police saying to you "we believe you bought a Ferrari F40 with illegal cash, then sold it after 12 months and sent the proceeds to an overseas bank account. Prove that the money you bought the car with wasn't illegal money or we are going to fine you that amount" - You can't prove it as it didn't really happen, but if you can't prove it then you are FECKED!
Waggy
30 May 2008, 12:14 PM
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30 May 2008, 12:29 PM
#19
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I appreciate that some of the contributors are at pains to intimate that they have drug dealer/criminal friends, however, on behalf of the rest of us, can I be the first to say please name and shame the individual in question so that we can avoid them at all cost/spit at them in the street as applicable.
30 May 2008, 01:40 PM
#20
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Some countries will dangle you in the air for that. A very stiff sentence is well deserved for that sort of thing in my opinion. Anything to do with supplying drugs is close to wilful murder.
Les
Les
30 May 2008, 01:48 PM
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And neither is failing to condemn it.
Well done Leslie, it seems we are the only ones willing to do so.
30 May 2008, 02:03 PM
#23
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Wind your neck in chief. The OP asked for what kind of sentence to expect for their friend and that is exactly what people have posted about. I don't see any glamourising at all.
30 May 2008, 02:10 PM
#24
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Posting this without so much as a hint of condemnation makes it look like you fraternise with drug dealers:
Originally Posted by Nat21
Somone i know getting done for the same for £20k and been told they're NOT looking at a custodial sentence.
Had you worded it such: "A piece of scum I know is getting done for the same..."
then your position would have been much clearer. Just a suggestion, chief.
30 May 2008, 10:36 PM
#25
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where did that quote come from...another thread?
30 May 2008, 10:50 PM
#28
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He should have opened a taxi firm and put the money through that...lol...exactley what someone I knew did, he did it all the time with different business "ventures"
30 May 2008, 10:55 PM
#29
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There is a street in N'pton that has one after another of the above and they're always empty and just used to pass money through to clean it up.
09 June 2008, 01:31 AM
#30
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Here is the result - I was way way off on the amount of money involved - Still, enjoyed serving on the Jury 
On safe deposit: The suitcases full of gold dust, masterpieces and £30m cash discovered in police raids | Mail Online
On safe deposit: The suitcases full of gold dust, masterpieces and £30m cash discovered in police raids | Mail Online