Proceeds of crime

Question 1

3 money laundering offences

Answer 1

s327 concealing
s328 arranging
s329 acquisition use and possession

Question 2

Mens rea of money laundering offences

Answer 2

D must know or suspect that it came from criminal conduct

Question 3

Concealing criminal property

Answer 3

s327 POCA 2002

Either way

Question 4

Concealing criminal property definition

Answer 4

D conceals, disguises, converts, transfers or removes criminal property from England, Wales, Scotland or Northern Ireland

Question 5

Difference between handling stolen goods and concealing criminal property

Answer 5

Concealing criminal property can be committed during the commission of an offence and for the benefit of the thief

Question 6

Assisting another to retain the benefits of criminal conduct

Answer 6

s328 POCA 2002

Either way

Question 7

Assisting another to retain the benefits of criminal conduct definition

Answer 7

D enters into or becomes concerned in an arrangement which he know or suspects facilitates the acquisition, retention, use or control of criminal property by or on behalf of another person
Applies to those who launder on behalf of others
Can catch out people like accountants or even family members

Question 8

Acquisition, use and possession of criminal property

Answer 8

s329 POCA 2002

Either way

Question 9

Acquisition, use and possession of criminal property definition

Answer 9

A person commits an offence if he
Acquires criminal property
Uses criminal property
Has possession of criminal property