Sam Healey

Sam Healey is an award winning and distinguished specialist in Fraud and Financial Crime, Serious and Complex Criminal Investigations, Asset Recovery, Regulatory Defence and Serious Motoring Offences. As the founder of SPH Legal, Sam brings a senior level of expertise built over many years representing individuals and businesses in high-stakes, high-profile cases across the UK.

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Account freezing orders: a guide for businesses
Account freezing orders: a guide for businesses

The account freezing order (AFO) is a legal power that UK authorities can use to hold and recover funds that they believe are connected to criminal activities. When authorities believe that certain funds are the proceeds of a crime, or may be intended for use in committing a crime, they can secure an AFO to restrict access to these funds. The AFO will freeze a bank or building society account and prevent any access to the funds within, and this can last for up to two years while investigators work to determine their source or purpose.