Are you risking prosecution? Money laundering is a dirty business.
As I was browsing LinkedIn today I see a promoted post from the UK Home Office:
“Are you risking prosecution? Money laundering is a dirty business. Do your due diligence and submit a SAR if you are suspicious.”
As the lies and false promises flood out from our government relating to Brexit, we are still being reminded of what many of us had naively voted them in for – tidying up the illegal practises and dealings, especially within business.
Kicking out any bad practises within the UK property industry I at least put my hands up to support, no matter who the government is, and it seems the government are investing in helping towards this cause.
The official gov.uk website shares:
“Criminals employ a range of techniques to clean their “dirty money”. Professionals working in the accountancy, legal and property sectors are being targeted because of their expert skills and services (National Risk Assessment 2017), which can give a cloak of legitimacy to illicit cash. This gives professionals a crucial role to play in protecting the UK’s economy, and wider society by reporting suspicious activity.”