Possession of proceeds of crime

Possession of proceeds of crime

Much like being in possession of property obtained by crime, it is a crime to be in possession of proceeds obtained by crime. For example, if stolen property is sold for cash, it is a crime to be in possession of that cash.

The mental element, or mens rea, of the offence has to be established for a person to be guilty. Knowledge that money is proceeds of crime or wilful blindness to the source of the money can result in a conviction.