Serious Fraud & SFO Defence Solicitors: Serious Fraud Investigations
Allegations of serious fraud can be extremely damaging to you and your business so we would urge you to seek immediate legal advice to resolve the situation as quickly as possible and preferably without the need for legal proceedings.
Clifford Johnston & Co. has a wealth of experience in this area and can provide you with the immediate specialist advice that you may need to clear your name. We have a proven track record of successfully defending serious fraud allegations so please contact our solicitors today.
What is Serious Fraud?
Serious fraud involves acting dishonestly and wilfully to mislead an individual or business for significant, high-value gain. It is committed by providing false information or failing to disclose information and includes:
Fraud of this nature uses deception to convince an investor to part with their money or savings and typically includes pyramid schemes, boiler room operations or advance fee payments.
Corporate fraud includes crimes committed by a corporation or business to deliberately misrepresent the company’s financial status or activities. This can include asset stripping or fraudulent trading.
Bribery and Corruption
Any activity that aims to influence the behaviour of another or that seeks to gain a significant advantage through unlawful and illegal means may be deemed to be an act of bribery and corruption.
These crimes are often known as white-collar crimes, in reference to the business professionals that are typically involved. They are often high-profile due to the significant levels of public interest and the amounts of money involved. We have first-hand experience of dealing with cases such as this and will act with the utmost discretion to protect the reputations of you and your company.
What are the penalties for being accused of Serious Fraud?
Allegations of high-value fraud must be taken seriously as the penalties are severe. Custodial sentences and significant fines are likely if convicted so it is imperative that you instruct fraud specialists with the expertise and experience to effectively defend your position.
Sentencing will consider both the impact and the financial harm caused to any victims as well as the scale of the fraudulent activity and how far reaching the consequences.
What can I expect from a Serious Fraud Investigation?
If you are facing allegations or charges of serious fraud, you will most likely be investigated by the Serious Fraud Office (SFO), an independent government agency that works closely with the police to consider and prosecute serious and complex fraud, bribery and corruption.
The SFO will consider the intended or actual harm that may be caused to:
- The public
- The reputation and integrity of the UK as a financial centre
- The economy and prosperity of the UK
The SFO will also consider:
- How significant the potential financial loss is
- If the case is in the public interest
- If the case constitutes a new type of fraud
The SFO has the power to investigate and prosecute their cases due to the complexity involved so instructing specialist lawyers to help you is vital.
The National Crime Agency (NCA) may also be involved in the investigations as they are often tasked with fighting organised crime such as:
- Fraud and money laundering involving large organised crime networks
- Bribery and Corruption
- Human trafficking and modern-day slavery
How can our Serious Fraud Solicitors help?
We have extensive experience in this area of law and have successfully resolved many allegations of serious fraud without the need for criminal proceedings.
We can represent you as soon as an allegation is made or from the date that you are first interviewed and we can prepare your case for court if required. We will also liaise with the authorities and enforcement agencies on your behalf including:
- The Serious Fraud Office
- The Department for Work and Pensions
- The Crown Prosecution Service
- HM Revenue and Customs
If you or your company faces prosecution, we can help you with deferred prosecution agreements (DPA) to suspend the prosecution in return for your company meeting certain conditions including:
- Changing certain work practices
- Paying fines
- Ensuring measures are put in place to prevent unlawful activity in the future.
Contact our Serious Fraud Solicitors in Manchester & Stockport
If you or your business are facing allegations of serious fraud contact our Criminal Defence Solicitors today.