MONEY LAUNDERING – Expert accounting reports on money laundering indictments and advice on implementing money laundering regulations for organisations.
FRAUD INVESTIGATION – All aspects of fraud investigation, from managing major corporate fraud investigations to seeking asset recoveries or means for safe dismissal of errant employees in smaller frauds.
INSOLVENCY ASSET RECOVERY & ASSET TRACING – Tracing assets in civil fraud and helping victims of fraud to recover losses. Assisting Insolvency Practitioners recovering assets on behalf of creditors that have been taken by directors and bankrupts prior to insolvency.
FRAUD REGULATORY ASSISTANCE – Experienced in helping Police forces present their financial case to the Courts. Expert accounting assistance to the major fraud regulators including the Serious Fraud Office and the Department for Business Innovation and Skills.
FRAUD PREVENTION & FRAUD RISK ADVICE – The most cost effective way to deal with fraud is to prevent it happening and a few simple precautions can reduce the risk of fraud substantially.
A Selection of Recent Assignments
- 2012 – Investigated losses due to employee fraud within a prestige Land Rover dealership.
- 2012 – Reconstructed income and expenditure accounts of person accused by HMRC of evading substantial tax over 10 years.
- 2012 – Assisted in confiscation proceedings against father of a person convicted of trafficking drugs.
- 2012 – Assisted night club doorman unreasonably entrapped by police to supply drugs in confiscation proceedings.
- 2012 – Three separate confiscation proceedings against individuals caught growing cannabis plants.
- 2012 – Assisted when victim of identity theft gang was accused of receiving the stolen funds.
- 2012 – Assisted with unsupported claim by insolvency practitioner against directors of failed property company.
- 2012 – Asset tracing in high profile divorce case where disclosed assets fall short of publicly advertised wealth.
- 2012 – Extradition proceedings against a high profile businessman taking blame for authorities’ incompetence.
- 2011 – Businessman accused of supporting a widespread drug trafficking gang by laundering money.
- 2011 – Couple accused of tampering with electrical supply and stealing electricity from the grid.
- 2011 – Post Office employee accused of stealing £30,000 while Postmaster remained uncharged.
- 2011 – Higher education providers accused of establishing a “Visa” shop to aid illegal immigration.
- 2011 – Smuggler accused of running adult media distribution company to cover up drug importation.
- 2011 – Support publishing companies pretending to support good causes.
- 2011 – A former career sportsman who invested in loan sharking without a licence.
- 2011 – Car dealers who upset Trading Standards by “clocking” vehicles – the Crown wanted £3 million but took £45 thousand.
- 2011 – £10 million of fraudulent claims for income tax self assessment repayments from HMRC.
- 2011 – A individual who obtained housing benefit on a property – while buying other properties with false mortgage applications.
- 2011 – A man who stole £10,000 but faced a benefit of £half million.
- 2011 – A gangster groupie who pleaded to drug dealing – was able to walk away with half his assets!
- 2010 – Criminal defence forensic accountant in confiscation proceedings involving £35 million benefit assessment. Asset tracing and business reconstruction exercise involving multiple businesses and both local and offshore jurisdictions.
- 2010 – Joint report for two defendants in drug trafficking confiscation proceedings. Presentation of business activities and reduction of benefit assessed due to double counting and inclusion of legitimate receipts.
- 2010 – Allegations of drug trafficking. Forensic work for the defence team showed that defendant did not have a criminal life style and this aspect of the case was dropped in response to my report;
- 2010 – Regulatory Investigation under S447 & S453 of the Companies Act 1985 (as amended) on behalf of Companies Investigation Branch of the Insolvency Service – into corporate collapse and allegations of Insolvency Act offences;
- 2010 – Confiscation hearing against defendant convicted of money laundering for a gang of organised criminals involved in drug trafficking and VAT fraud. Benefit assessed at over £10,000,000 but the forensic report prepared on behalf of the defence was able to show 60% of this either inappropriately included or double counting;
- 2010- Fraud Investigation examining allegations by disadvantaged shareholder of fraudulent trading, asset stripping and diversion of trade prior to a pre-pack administration resulting in phoenix follow on company;
- 2010- Forensic Accountant’s report for Humberside Economic Crime Unit tracing financial activities of a nursing home manger accused of stealing funds from a resident – a number of similar forensic reports have been prepared for police forces around the UK including Northumbria, Cleveland, Merseyside, North Yorkshire and Humberside forces – this case concluded with oral evidence being presented in Grimsby Crwon Court;
- 2010 – Expert accounting witness report for defence in a case involving alleged negligence by a professional accountant and money laundering in relation to a large Ponzi style fraud being committed by a group of organised fraudsters;
- 2009 – Acted for lead defendant in a major prosecution brought by the Serious Fraud Office (SFO) alleging serial asset stripping using the “Whitewash Procedure”;
- 2009 – Regulatory Investigation (S447) into asset stripping by a shadow director of a series of insolvent companies;
- 2009 – Expert Report for the defence in a case of profiteering from running a brothel;
- 2009 - Regulatory Investigation (S447) into Companies Act offences by director of a series of insolvent companies;
- 2009 – Expert Report for the defence in a case of money laundering brought by the police against a money transmission bureau;
- 2009 – Asset tracing exercise undertaken for the defence team in a major prosecution following the 2006 Securitas robbery of £53,000,000;
- 2008 – Expert Report for the defence in a major West Yorkshire Police case against a group of business men involved in a variety of activities including hand car wash businesses, restaurants, property dealing and various offshore financial activities.
- 2008 – Confiscation proceedings brought by Thames Valley Police under the Criminal Justice Act 1988 of £25,000,000 of Defendant’s assets – matter concluded with evidence successfully being given in Reading Crown Court. Included tracing exercise involving contact with financial institutions in Pakistan;
- 2008 – Money laundering allegations brought by HMRC – defendant accused of laundering money by way of a gambling habit over a number of years – matter concluded with evidence being successfully given in Birmingham Crown Court;
- 2008 – Tracing exercise involved funds derived from Europe and the Middle East;
- 2008 – Allegations brought by Post Office of theft of around £50,000 against a Sub Post Master;
- 2007- Allegations of unpaid tax and NIC and other money laundering indictments by NCS and HMRC relating to £45,000,000 funds moving through (and being transferred between) numerous Defendant’s bank accounts connected to a “Hawala” money transmission business. Tracing exercise involved explaining assets moving through Dubai and Hong Kong including contact with institutions in these locations;
- 2007 – Regulatory Investigation (S447) into £100 million turnover property group.
- 2007 – Forensic Report for the defence in a case brought by the DTI against an accountant accused of assisting fraudsters strip assets from company acquisitions using the “Whitewash” procedures.
- 2006- Confiscation following London Underground corruption trial leading to attendance at Guildford Crown Court for ongoing assistance in reducing level of benefit being sought;
- 2006 – Regulatory Investigation (S447) into £35 million turnover trading group involved in VAT fraud (Missing Trader Inter Community MTIC or “Carousel Fraud”).
- 2006 – Fraudulent trading indictments brought by the SFO against directors of a computer company involving “ fresh air” invoicing, cheque cross firing and transactions amounting to around £25,000,000, being funds circulating between connected companies;
- 2006 – “Long firm” UK based fraud where £600,000 credit was allegedly obtained illegally from international suppliers;
- 2006 – Fraudulent trading indictments by DTI (now BIS) where £500,000 was allegedly obtained by factoring fictitious debts using cross firing techniques.
Other recent instructions (2006 – 2011)
- Specialising in a number of fraud investigations to assist smaller businesses and individuals where losses can often be relatively small and not seen as a priority for the fraud regulators or are too small to merit expensive legal assistance pursuing recovery through the civil courts.
- A number of enquiries are carried out each year on behalf of Insolvency Practitioners where fraud has been discovered or is suspected and involve asset tracing and recovery exercises carried out in situations where directors or bankrupts have hidden assets. Recovery work has included dealing with banks and other institutions in Europe, USA, Middle East, Russia and Asia.
- A range of criminal fraud defence and confiscation work as expert accounting witness is undertaken each year for criminal defence solicitors on behalf of defendants in criminal matters – ranging from small employee thefts of a few £1,000s to multi-million frauds investigated and prosecuted by the SFO.
- Around 30 authorities since 2004 granted for enquiries carried out under Section 447 and 453 of the Companies Act 1985 as external investigator for the DTI (now BERR/BIS)