Provisional attachment of alleged proceeds of crime can cover non-accused persons who fail to prove lawful source of funds. - Provisional attachment under the 2002 Act can extend to persons not na... taxtmi.com/highlights?id=… #Moneylaundering #Provisionalattachment #Proceedsofcrime

Taxpayer Wins: Karnataka HC — ED cannot freeze entire subsidiary accounts for Rs.42L FIR against parent. HC retains salary relief power where Adjudicating Authority has none. taxbar.in/pmla-karnataka… #PMLA #Section17 #ProceedsOfCrime #ED #MoneyLaundering #KarnatakaHC

Proceeds of crime includes equivalent-value property, allowing attachment of earlier-acquired assets when tainted property is unavailable. - The Tribunal interpreted "proceeds of crime" to... taxtmi.com/highlights?id=… #Proceedsofcrime #Provisionalattachment #Equivalentvalueproperty

Proceeds of Crime can include equivalent-value property when tainted assets are untraceable; provisional attachment sustained. - The Tribunal explained that "proceeds of crime" under Secti... taxtmi.com/highlights?id=… #Proceedsofcrime #Provisionalattachment #Equivalentvalueproperty

PMLA attachment overrides secured creditor priority, with release or restoration to be sought before the Special Court. - Attachment under the PMLA prevails over a secured creditor's claim to priority unde... taxtmi.com/highlights?id=… #Pmla #Securedcreditorpriority #Proceedsofcrime

Money laundering attachment can extend to non-accused property when tainted funds are later infused into it. - Property standing in the name of a non-accused person can be attached under money-lau... taxtmi.com/highlights?id=… #Moneylaundering #Proceedsofcrime #Provisionalattachment

Proceeds of crime can include equivalent value property; attachment upheld where original proceeds are siphoned off or untraceable. - Tribunal applied a three limb reading of the statutory definition... taxtmi.com/highlights?id=… #Proceedsofcrime #Provisionalattachment #Assettracing

Continuing Offence of Money Laundering: continued possession or use of property purchased from tainted funds sustains attachment. - Sections 3, 5 and 8 of the PMLA must be read as an integrated ... taxtmi.com/highlights?id=… #Continuingoffence #Proceedsofcrime #Provisionalattachment

Proceeds of Crime: lack of credible source evidence upheld provisional attachment; valuation treated as fair market value at acquisition. - Provisional attachment under the PMLA was upheld where transacti... taxtmi.com/highlights?id=… #Proceedsofcrime #Burdenofproof #Fairmarketvalue

Proceeds of crime: equivalent value attachment permitted where funds were siphoned off; provisional attachment under PMLA upheld. - The Tribunal upheld provisional attachment under the PMLA, finding sufficie... taxtmi.com/highlights?id=… #Proceedsofcrime #Provisionalattachment #Pmla

Proceeds of crime: excess excavation quantified as wrongful gain; equivalent-value property may be provisionally attached when taint is untraceable. - Determination of proceeds of crime by calculating... taxtmi.com/highlights?id=… #Proceedsofcrime #Assetattachment #Proofoflegitimacy

Scope of attachment under PMLA: possession of tainted property can sustain provisional attachment unless legitimate source is proved. - The note addresses the scope of provisional attachment and confi... taxtmi.com/highlights?id=… #Proceedsofcrime #Possessionliability #Burdenofproof

@Medi4M4inStre4m @epsteinsearchin Not for #ProceedsOfCrime 😒⚖️🌈

@benonwine @DiggerGardi Is agree, deport them all and any assets to be treated as #ProceedsOfCrime and confiscated. Send them back penniless.

Arrest under PMLA: limited judicial review upheld where statutory safeguards met and tangible material supported reasons to believe. - Challenge to arrest under the Prevention of Money Laundering Act focused... taxtmi.com/highlights?id=… #Moneylaundering #Dueprocess #Proceedsofcrime

Proceeds of Crime: prima facie link to property use upheld, complaint not amenable to summary quashing and proceeds to trial. - Construction of "proceeds of crime" and the offence under the PMLA wa... taxtmi.com/highlights?id=… #Proceedsofcrime #Moneylaundering #Quashingjurisdiction

@HMRCgovuk - how have corrupt councils, our neighbours & multiple lenders continued to profit from our dead parents' identities, despite probate being finalised in March 2008? What did my sister & I pay £82,133.20 inheritance tax & probate solicitor fees for? #proceedsofcrime

Provisional Attachment of proceeds upheld: earnings from promoting illicit deposit schemes treated as proceeds and recipient assets attachable. - Provisional attachment of properties was upheld... taxtmi.com/highlights?id=… #Proceedsofcrime #Provisionalattachment #Recipientliability

Prima facie money laundering found; provisional attachment upheld but limited to quantifiable illicit proceeds, not full contract value. - Provisional attachment under a PAO was upheld on the basis ... taxtmi.com/highlights?id=… #Proceedsofcrime #Assetattachment #Quantificationorder

Reason to believe test allows provisional attachment when investigation links demonetized currency conversion to gold; attachment sustained. - Provisional attachment under the PMLA was upheld beca... taxtmi.com/highlights?id=… #Provisionalattachment #Proceedsofcrime #Moneylaundering