Anti-Financial Crime & Financial Crime Compliance
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Financial Crime, Fraud, UK

NEWS: MLRO to be sentenced for tipping off client about money laundering investigation

A general view of the Central Criminal Court, commonly known as the Old Bailey, in London. (Photo by Vuk Valcic / SOPA Images/Sipa USA)No Use Germany.

By Alisha Houlihan for AMLi

A BRITISH lawyer and MLRO has been convicted of “tipping off” a client about a money laundering investigation by the country’s Serious Fraud Office (SFO). 

Co-founder of Osmond & Osmond Solicitors Ltd, William Osmond divulged confidential information about an investigation and forged a document to mislead investigators. 

In a statement, the SFO revealed solicitors are “legally obliged not to share details of money laundering investigations into their clients.”

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