Money Laundering | Southwark Crown Court | Kangs Financial Fraud Solicitors

Kangs Solicitors are defending a client, one of six defendants, who is alleged to have laundered the proceeds of a fraud by using off shore bank accounts.

Frances Murray of Kangs Solicitors provides an update on the Prosecution.

Prosecution Case | Carbon Credit Fraud | Kangs Fraud Solicitors

The Prosecution allege that the defendants have conspired together to defraud investors by using various companies to sell Voluntary Emission Reductions (VERs) knowing there is no secondary market for sale of this commodity.

The directors of the companies and the brokers who had direct contact with the investors are being prosecuted.

What Is A Carbon Credit? | Kangs Carbon Credit Fraud Defence Team

A carbon credit is a certificate or permit which represents the right to emit one tonne of carbon dioxide (CO2) and they can be traded for money.

• Voluntary Carbon Credits are sold by different projects around the world. These projects reduce emissions in some way.
• For example hydro power plant or a project planting trees.
• These projects require an independent audit to verify the amount of carbon emissions they reduce by the tonne.
• Once the project has been audited they are told the amount of tonnes of carbon emissions they have saved and so the Voluntary Carbon Credits they can trade.

How Is A Carbon Credit Used? | Kangs Carbon Credit Advisory Team

Voluntary carbon credits are bought by companies for corporate responsibility.  Companies can then advertise that they are investing in the environment or off setting their carbon emissions by purchasing the credits.

How Can We Help You? | Kangs Money Laundering Defence Solicitors

Cases of this nature require a legal team with specialist knowledge and extensive experience as they  invariably involve complex legal issues. 

Kangs Solicitors’ complex crime and regulatory team provides a national service.

We have extensive experience of dealing with cases investigated and prosecuted by all the major prosecuting authorities such as the SFO, FCA, HMRC, CPS, Trading Standards, Environment Agency etc.

Who Can I Contact For Help? | Kangs Criminal Defence Solicitors

If you are a business, whether a sole trader, partnership or company, we are here to assist you manage your contact with the prosecuting authority and advise you on any criminal proceedings involving fraud including money laundering. 

Our team of solicitors has a proven track record of assisting many individual and businesses achieve the best available result arising from such criminal proceedings.

Our expert team of Solicitors can be contacted through the following:

Hamraj Kang
hkang@kangssolicitors.co.uk
07976 258171 | 020 7936 6396 | 0121 449 9888

John Veale
jveale@kangssolicitors.co.uk
0121 449 9888 | 020 7936 6396

Tim Thompson
tthompson@kangssolicitors.co.uk
0121 449 9888 | 020 7936 6396