For more details, please visit our dedicated fraud and insolvency division page.

Contributors

David Ingram

Partner
Hina Patel

Associate Director
Ian Richardson

Director
Kristina Kicks

Director - Fraud, Asset Tracing and Recovery
Mike Dennis
Samantha Street

Associate Director
Samuel Ouriach

Senior Manager
Stephen Crompton

Associate Director

About

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.

Contact

www.grantthornton.co.uk/en/services/advisory/recovery-and-reorganisation/insolvency/fraud-insolvency-division-find/

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Fraud insolvency division (FInD) Archive

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Online scammers, watch your backs!

17 Aug 2016

Hina Patel

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Hina Patel

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 cyber crime seems a natural and logical move. The question is should there be more 'cyber police' to prevent the crimes in the first place?

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British law firm Mishcon de Reya to tackle the growing problem of cybercrime, with a lead role on a new police initiative in London to recover assets stolen by online fraudsters. With the annual cost of fraud in the U.K. reportedly as high as £193 billion a year ($252 billion) a year, the two-year pilot scheme will see the City of London Police, the lead force on fraud in England and Wales, work with the firm to identify, seize and recover assets from criminals, with civil asset-recovery litigation running alongside parallel criminal investigations.

http://www.law.com/sites/almstaff/2016/08/16/british-firm-to-join-police-effort-to-tackle-cybercrime/?slreturn=20160717125418