Stan Reiz , KC
Stan Reiz KC specialises in all aspects of financial crime litigation. He recently represented a defendant in a complex international money laundering prosecution relating to what was alleged to have been US$170m traded in cryptocurrency between countries including the UK, Ukraine, Iran and the UAE. He also represented a company director accused of complicity in a £93m fraud on Royal Mail committed over a nine-year period using a network of companies offering postal services.
Mr Reiz successfully represented a HNW property developer charged with Cheating the Public Revenue out of millions of pounds in tax; achieved the discharge of an account freezing order for another HNW director of property development companies; defended a practising doctor prosecuted by the FCA for Financial Services Act offences arising from the selling of shares and secured a suspended sentence for a money transmitter who breached the Money Laundering Regulations by transferring in excess of £10m obtained from fraud out of the jurisdiction.
Mr Reiz has appeared for the appellant in the reported case of R v Haque (Mohammed) [2020] 1 Cr App R 12; [2020] WLR (D) 49 in which the Court of Appeal quashed a conviction for money laundering on technical grounds as the prosecution had wrongly charged the appellant with an offence under section 329 of the Proceeds of Crime Act 2002.
He has also defended a de facto trustee of numerous charities accused of facilitating a multi-million pound international money laundering arrangement using the charities as front to conceal international currency trades.
Mr Reiz KC appeared in complex confiscation proceedings for an individual who had been convicted of insider trading offences; an interested party in proceedings concerning an alleged benefit of £70m with £20m held in cryptocurrency transferring into a ‘hard wallet’ and also advised a client being investigated by the DBIS for breaching the Export Control Order 2008, which regulates the international trade of arms and ammunition.
In 2024, Mr Reiz KC co-authored an article for the Compliance, Ethics and Sustainability Journal entitled 'EU v UK: AML and CTF evolutionary changes under scrutiny. Who will come out on top?' which examined changes made to corporate fraud prevention by the Economic Crime and Corporate Transparency Act 2023.
Practice Area
Panel
- Contributing Author
Qualified Year
- 2001
Year Taken Silk
- 2020
Experience
- Carmelite Chambers (2011 - 2016)
- 15 New Bridge Street Chambers (2005 - 2011)
- 5 Pump Court Chambers (2003 - 2005)
- 46 Essex Street Chambers (2001 - 2003)
Membership
- Fraud Lawyers Association
- Criminal Bar Association
Qualification
- LLB (1999)
Education
- Inns of Court School of Law (1999-2000)
- University of Warwick (1996-1999)
2 Contributions by Stan Reiz
PRACTICE NOTES
A Practitioner’s Guide to Mitigation in Criminal Sentencing: Offence and Personal Factors, Article 8, Health, Character References and Plea Structure in England and Wales
Once a defendant is found guilty of a criminal offence by a court in England and Wales, the court then considers what sentence should follow. See Practice Notes: Sentencing procedure in the magistrates’ and Crown Courts and Sentencing Code. This Practice Note outlines the purpose and reach of mitigation advanced on behalf of convicted defendants in England and Wales to lessen the sentence imposed by the court...
Factors determining sentence
Sentencing courts must have regard to any matters that, in the court’s opinion, are relevant in mitigation of sentence. Mitigation covers any element of a case that reduces the seriousness of the sentence to be passed, whether affecting its length or its type. By contrast, aggravating factors are those that increase the severity of the sentence. Before reaching conclusions for the purpose of imposing certain sentences, the court is required to consider both aggravating and mitigating factors linked to the circumstances of the offence and any associated offence. For these purposes, the court should obtain a pre-sentence report unless, given the particular circumstances, it determines that obtaining one is unnecessary...
Corporate Crime
PRACTICE NOTES
Restitution and Deprivation Orders under the Sentencing Act 2020: Powers, Procedure, Appeals and Effects (England and Wales)
This Practice Note addresses restitution and deprivation orders following conviction under the Sentencing Act 2020 (SA 2020). It sets out the court’s authority in criminal proceedings to order the return of stolen property to victims, and the means of appealing a restitution order. It also outlines the courts’ power to order the forfeiture of property connected with the commission of an offence by making a deprivation order, together with the procedure for obtaining such an order and its effect.
Restitution orders
A restitution order allows the court to restore to a victim the goods, or the value of goods, that were stolen or otherwise unlawfully taken, using money found in the offender’s possession on arrest. On conviction, the magistrates’ court or the Crown Court before which the defendant is convicted may order restitution of goods. The court may make such an order of its own motion, or on application by the prosecutor...
Corporate Crime
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