A recent court case saw a 'friend' jailed for conning more than £4m from investors. Whilst being jailed sees some justice there is no mention as to how or if any recoveries have been made for the victims.

A victim can take action as an individual or collectively with other victims and use The Insolvency Act to seek recoveries. Whilst this may be seen as a last resort it can be a powerful tool to relieve the perpetrator of their ill gotten gains and seek a recovery to their creditors. 

www.grantthornton.co.uk/investmentscams