U.K. Targeting Lawyers, Accountants in Illicit Funds Crackdown
- Russia and China are the ‘premier league’ of corrupt cash
- More asset freezes and unexplained wealth orders in pipeline
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The British government says it is targeting accountants, lawyers and real estate agents who help hide dirty money as part of an increasingly aggressive effort to crack down on illicit fund flows from Russia, China and elsewhere.
"I’m determined that the facilitators -- the solicitors, the estate agents, accountants -- who I often see in the middle of these investigations, are dealt with in the same way as the gangsters whose money they are laundering,” U.K. Security and Economic Crime Minister Ben Wallace said in an interview at the Home Office.