Fraud

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Fraud

Prosecutions for fraud offences have increased since the introduction of the Fraud Act 2006. Fraud covers a wide variety of offences including mortgage fraud, VAT fraud, credit card fraud, share dealing and false accounting. This means that property investors and professionals such as surveyors, mortgage brokers, financial advisors, accountants and solicitors can be targeted in criminal proceedings. Many of these individuals will never have been charged with a criminal offence before and so it is vital to preserve their good name, as well as help them through what can be a highly complicated process,  often involving a number of different defendants as well as thousands of documents. A fraud investigation can be hugely disruptive to a business and can result in financial penalties and even prison sentences. Business reputations can be severely affected by fraud allegations. Those facing fraud allegations require expert legal assistance to provide advice and guidance through the process. Our specialist lawyers can advise individuals and businesses throughout the process to obtain the best possible outcome.

What is fraud?

Fraud occurs when someone uses false pretences in order to induce another person to provide goods or money because of the false pretence. It is differentiated from theft since the person providing the goods or money does so willingly.

These cases can be extremely challenging as they rely on complicated financial and documentary evidence that can span over many years.

Fraud cases can cover a range of situations including:

  • Bribery and corruption.
  • Boiler Room frauds.
  • Electoral fraud.
  • Financial Conduct Authority Investigations.
  • Money Laundering.
  • Mortgage fraud.
  • Serious Fraud Office investigations.
  • Investment fraud.
  • MTIC and Carousel Fraud.
  • Insider dealing.

Fraud can be divided into the following categories:

  • Individual fraud which is the most common type. This is a fraud where an individual is targeted.
  • Corporate fraud is fraud that is committed against a business. This can either be a general fraud that is targeting all businesses or fraud that is sector specific.
  • Online fraud, which is increasingly becoming an issue with fraudsters targeting their victims via the internet.
  • Advanced fee fraud where payment is made upfront for something that is never supplied.
  • Public sector fraud occurs where a local authority is given false information by someone to gain financial benefit that they should not receive, for example, tax or benefit fraud.
  • Actions supporting the commission of fraudulent activities can also result in prosecution, for example, identity theft, computer hacking or corruption.
  • Mandate fraud where the fraudsters pose as an organisation that someone pays money to in order to redirect the money into their own accounts. This can be done over the phone, by letter or over the internet.
  • Boiler room fraud where high net worth individuals are specifically targeted for bogus share investment opportunities.
  • MTIC or Carousel fraud where HMRC are fraudulently deprived of VAT.

Our specialist Defence Solicitors

We have vast experience in dealing with all types of fraud cases including Operations Villalot, Tarlac and Truant.

Click here to see the fraud cases that we have recently been involved in and are currently instructed in.

Why chose JSP Law

Our Directors and senior solicitors have dealt with a number of lengthy trails dealing with serious allegations of fraud, money laundering and tax evasion. These cases require specialist knowledge and a forensic analysis of the prosecution evidence.

We have a specialist team with experience of dealing with cases across the country. Our solicitors work across offices in Hertfordshire & Bedfordshire. We are also able to represent you if you live elsewhere as we can see at home, in prison or police custody if necessary.

We can advise you under the Legal Aid scheme (this is generally not available except for the most serious offences) but if public funding is not available we will quote you a competitive price for our work.

Contact our expert Defence Solicitors St Albans, Leighton Buzzard & Stevenage for further assistance.

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