Fraud: Claimant
Investigations and Asset Recovery
Our Investigations and Asset Recovery Group works closely with many internationally renowned experts, dealing with fraud from prevention, to recovery and prosecution. The team assists with the development of Fraud Prevention Plans, advises and updates Fraud Crisis Teams and is ready to move as soon as a suspicion of fraud arises.
Our philosophy in dealing with fraud cases can be stated in 3 simple words - Return On Investment. We have a commercial approach to combating fraud and will only advance a course of action if there is a clear benefit in doing so.
Our expertise covers:
- Development of Fraud Prevention Plans
- Tracing stolen assets in the UK and overseas
- Worldwide asset freezing
- Search and seizure orders worldwide
- Money laundering
- Regulatory issues
- Disclosure orders against third parties
- International enforcement of orders and judgments
- Criminal complaints
- Legality of investigative techniques
- Insolvency and recoveries.
It is estimated that Fraud costs UK companies over £72m a year. To help understand how Corporate Britain could better protect itself from the threat of fraud, we commissioned research in 2005. This examined how effectively leading British companies use corporate investigators and forensic accounting and computer specialists to prevent, detect and recover any assets lost to fraud. Click here for further information on the
Protecting Corporate Britain from Fraud report.
For further information about our services or to discuss a particular matter or situation, please contact Gary Miller on +44 (0)20 7440 or by email.
Work Highlights
Our team has advised on the following:
- Recovery of misappropriated assets for International Investment Syndicate after a £30m fraud by the managing and finance directors.
- Recovery of damages and stolen databases for a retail milk distributor from a competing business that had used investigators and IT consultants to steal financial information.
- Recovery of the proceeds of a multi-million pound counterfeiting conspiracy for Microsoft.
- Tracing of secret profits in cases involving breaches of director duties.
- Investigations into construction frauds and the legality of various covert techniques.
- Cross-border evidence gathering in support of US civil and criminal proceedings.
- Recovery of substantial damages for the bribery and corruption of various Private Equity Funds.
- Recovering monies on behalf of a major asset based lender, following the fraudulent activities of its directors.
(1) BDO Stoy Hayward, Fraud track Report, 2005
(2) Mishcon de Reya, Protecting Corporate Britain From Fraud Research Report, 2005