Last week we left a cheque to pay for our new field with our Solicitor, someone who we have used for our past three houses & all our fields, we received a letter this morning asking us to provide proof of where our money came from, we called in with a bank statement which he scrutinised so much he almost wore the print away.
He questioned many transactions on the statement, mainly large deposits when we’ve sold horses, he never mentioned the £11.500 paid out to the vets two years ago, after much studying he declared “yes that’s fine, we should have it wrapped up in a couple of days”
There are signs all over his Office regarding money laundering, I would think it highly unlikely that people would buy a field to launder money, where is the quick turnover in that?
He questioned many transactions on the statement, mainly large deposits when we’ve sold horses, he never mentioned the £11.500 paid out to the vets two years ago, after much studying he declared “yes that’s fine, we should have it wrapped up in a couple of days”
There are signs all over his Office regarding money laundering, I would think it highly unlikely that people would buy a field to launder money, where is the quick turnover in that?