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In the last three years we have recovered over £200 million of hidden and misappropriated assets for clients ranging from foreign governments, HMRC, claimants in major frauds, banks, insurers as well as other listed and non-listed corporates. We use insolvency proceedings, court appointed receiverships and other civil procedures. We have extensive experience of retrieving assets from jurisdictions in the Caribbean, Middle East, Africa, Europe and Asia, as well as the offshore centres. We operate under a number of fee structures, often working on a contingent basis or with the benefit of third party funding. This means we are able to bear the risk of the investigation, and only charge a fee in cases where a recovery is made. In many cases our work represents an opportunity for clients to turn write offs into revenues. In addition, we are experienced at working alongside the UK prosecuting authorities to manage businesses, safeguard restrained assets and recover the proceeds of crime using the Proceeds of Crime Act 2002 criminal and civil legislation.

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One in three would fall victim to phone scam

This is a worrying statistic and highlights the continuing increase in this type of relatively simple fraud praying on people's trust in...

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Europol most wanted

Europe's 43 most wanted. Anyone you recognise?

Europol Police need your help. Do you recognise any of these 43 Europe's #MostWanted fugitives: https://eumostwanted.eu/ Wanted by...…

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UK considers £500 tax free pension advice allowance

This proposal aims to make retirement advice accessible to many but risks from potential fraudsters and abuse of multiple withdrawals...

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Fewer people entering personal insolvency in Scotland

Interesting statistics on personal insolvency in Scotland

FEWER people are entering a statutory debt solution across all 32 local authorities in Scotland during 2015/16, new statistics have shown.

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EU takes a bite of the Apple

Apple faces a £11bn tax bill which is likely to be appealed. Is it an attack by the EU on a US corporation?

Given the nature of the Commission’s ruling, it is difficult to see Ireland having any option other than to defend its position. To do...…

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unknownx500 JD Hancock

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Ian Dyson vs the cybercriminals

An interesting interview with Ian Dyson, the commissioner of the City of London police, covering online fraud and cybercrime.

Dyson is...

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Cold call scam scripts

Six signs to look out for from real life cold call scripts

Boiler room scammers often follow scripts designed to use psychology to manipulate the investor into purchasing. Below are six ‘red...…

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Doing Business in Vietnam 2016

A helpful guide to doing business in Vietnam. The famous egg coffee in Hanoi is a must try too.

Grant Thornton Vietnam is pleased to issue the 2016 edition of ‘Doing Business in Vietnam’. We hope you find this guide useful and...…

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Confronting Fraud in NGO's

Each time coins are placed in a box or making a commitment to sponsor a friend doing a charity run, the thought will this contribution...

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Interesting article re disqualification of directors and the employment of illegal workers

Notice of the Insolvency Service taking action against directors trying to avoid paying fines

The directors of six restaurants from Lincolnshire to West Sussex who put their businesses into liquidation to avoid paying fines for...…

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Brexit sentiment in Germany

Will the announcement triggering Article 50 help settle the confidence in Europe?

German business sentiment unexpectedly declined the most in more than four years in August in a sign that companies are waking up to the...…

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Companies House changes

Can't see this being a positive thing.  It joins a long queue of recent developments which aid fraud.  

PLANS to change 'record' rules at Companies House risks giving culpable directors a "clean slate" to hide their activities, it was...…

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Asset recovery in the UAE

The article from which the quote is obtained discusses the options for insolvency and asset recovery in the UAE and alludes to the...

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unknownx500 Thomas James Caldwell

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Do confiscation laws need reform?

A review is underway as to whether the POCA confiscation regime is in need of reform based on the low level of success in past years. ...

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Property scam victim sues government for compensation

OK, this is a tale from Australia, rather than the UK, but it's a salutary warning to all landlords who aren't in regular contact with...

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11 Year BRO for an Assistant Accountant who misappropriated €160,510 from his employer

I would be interested to hear the views of others on the effectiveness of BRO's as either a deterrent or punishment for wrongdoing.  

The High Court granted an 11 year Bankruptcy Restriction Order for an Assistant Accountant who misappropriated €160,510 from his employer.

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Fraud Insolvency Division, Grant Thornton UK LLP - being scam aware #scam #GTInTheCommunity

Grant Thornton UK LLP are working with other agencies involved in scam prevention and have set about providing an area on the company...

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unknownx500 Alachua County

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Punishing the Avoiders

This sounds like an interesting idea, but I can't see how it is going to be properly marshalled, especially as the lines can be blurred,...

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Operation Broadway - the scripts fraudsters use

Operation Broadway mentions boiler room fraudsters using pre prepared scripts. 

Grant Thornton acting as Liquidator in boiler room scam...

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unknownx500 KOREA.NET - Official page of the Republic of Korea

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How secret is a 'secret'?

The private emails of Hilary Clinton obtained by the FBI are being reviewed by the US Capitol in very secure rooms by lawmakers and...

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unknownx500 loumiwassim

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Litigation funding to unlock the value of unenforced judgments

A study carried out by Burford Capital highlights the problematic scenario faced by a large number of claimants who succeed in litigation...

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Council tax band reduction scam

Another example of a simple fraud which, in this case promises council tax reductions.  This type of scam can apply to anything and the...

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Law enforcement looks to private sector to recover assets

It is hoped the lower standard of proof for civil litigation can make the process of collecting proceeds of criminal activities more...

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Getting the bad guys

If you can't get the money back, at least get even! 

Whilst the focus of any asset recovery is always commercial, getting the fraudster off the streets and out of business clearly is a good...…

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Online scammers, watch your backs!

With online frauds and scams on the up and up, this move by the police to seek the assistance of experts to recover assets as a result of...

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Phishing scams can affect everyone!

Another example of how fraudsters are using phishing techniques to obtain personal data and information, this time from our Olympians! 

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unknownx500 Marcie Casas

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Cyber border?

A new border control for cyber is to be introduced in China for businesses. Data will be subject to cumbersome regulations including...

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City of London Police pilot scheme may demonstrate the power victims can have against a fraudster

A lot of interest surrounds this pilot and whilst some people see this pilot as just another way for legal firms to make money Michcon de...

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PPF Updated Restructuring Principles and Guidence

A useful insight into the thinking of the PPF from Malcolm Weir.

The Pension Protection Fund (PPF) has updated its Restructuring Principles and Guidance for Insolvency Professionals. In order to...…

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The sunny southern hemisphere not doing enough with their renewable energy opportunities ?

With their abundance of sunshine it is disappointing that southern hemisphere nations are so poorly represented in a ranking of renewable...

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More hurdles to come for Brazil?

With the current president of Brazil receiving boos at the Olympic opening ceremony, the past president Rousseff now facing trial after a...

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Opposing views on white collar crime punishment

Pinsents' view on how white collar offenders should be dealt with ........

Recovery of criminal assets is poor and will remain so unless government adopts radical recommendations from an influential committee of...…

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Fraud represents one of the biggest threats to survival of small firms

Despite that, 65% of businesses in the north, and 54% nationally, have no written policy to detect and prevent fraud

“Fraudsters are becoming more innovative too. Our members have seen cases of fraudsters replicating company email addresses pretending to...…

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Grant Thornton UK LLP and Gateley LLP success on behalf of UK taxpayers

This case resulted in total payments of almost £12m to HMRC that wouldn't otherwise have been made

Gateley Plc’s Corporate Recovery team has delivered an important victory for Angelmist Properties Limited (in liquidation) and its...…

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unknownx500 DonkeyHotey

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Confiscation regime review

Useful summary of the latest PAC review on the confiscation regime by RUSI. But greater use of private sector Receivers is the only real...

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Will this interest rate cut to 0.25% be blamed on Brexit?

Lower mortgage rates, lower borrowing for businesses verses possible introduction of charges for savers, pressure on their bottom line...

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Involved in Gummy Bear Films?

We help investors recover monies from such schemes in liquidation. Creditors can even join the current petition against Gummy Bear Films...

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It's not always the threat from the outside you need to be concerned about

Trust continues to be exploited for personal gain by people in positions of power

Trusted employees and professionals find that they have built up the authority and know-how to steal funds, and in submitting to the...…

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An expensive meal or round of drinks

Consumers have been warned of the risks of contactless transactions in pubs and restaurants, and advised they should refuse to physically...

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Has Brexit created the perfect ecosystem for fraudsters?

Britain’s decision to exit the European Union had created an environment of uncertainty and economic volatility where the crime could...…

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Confiscation order success

Avon & Somerset Police take action to ensure that crime doesn't pay

Members of an organised crime group who organised and brought class A drugs into the Bristol area have had confiscation orders totalling...…

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Fraudsters ordered to pay £1.3m compensation BUT investor losses >£20m in Jatropha tree scam

Gary West, James Whale and Stuart Stone were ordered to pay a confiscation order totalling £1.36m, at a hearing on 27-28 July 2016. The...

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unknownx500 Starr Environmental

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Do you live in a scam hotspot? Bournemouth residents beware!

Citizens Advice compile a list of scam hotspots and identify the most typical frauds.

Scammers are targeting residents of Bournemouth more than any other area of England and Wales, according to new data from Citizens...…

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