Money launderers to face up to 14 years in prison

http://www.lawgazette.co.uk/practice/money-launderers-to-face-up-to-14-years-in-prison/5041375.article?

24 May 2014

The impact that fraud offences have on victims will be at the heart of new tougher sentencing guidelines published yesterday.

The Sentencing Council recommends judges pass longer sentences on fraudsters who target elderly and vulnerable victims or rip off the taxman.

The guidance makes the impact on the victims, which has up to now been treated only as an aggravating factor, central to the sentencing.

For the first time guidelines have been issued for the sentencing of money laundering, with a maximum of 14 years in prison.