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

Contributors

Samantha Street

Associate Director
David Ingram

Partner
Kristina Kicks

Associate Director - Fraud, Asset Tracing and Recovery
Hina Patel

Associate Director
Ian Richardson

Director
Stephen Crompton

Associate Director
Samuel Ouriach

Senior Manager
Mike Dennis

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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Surrey Police take a £1.2m bite out of a fraudster's Bitcoin wallet

24 Jul 2018

Samantha Street

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

Samantha Street

Following this timeline of events it's great to see a fraudster's currency of choice - Bitcoin, can be seized and realised by the police. The start of a new wave in recoveries I am sure.

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We have become the first police force in the country to retain Bitcoin we seized from a criminal using it to hide his illegal assets. Whilst other forces have seized Bitcoin before, Surrey Police are the first UK law enforcement agency to then convert into sterling and retain the money following a Proceeds of Crime Act hearing today, Thursday 19 July 2018.

https://www.surrey.police.uk/about-us/how-we-seized-converted-and-retained-12m-worth-of-bitcoin/