“Only when the tide goes out do you discover who has been swimming naked” (Warren Buffett)”
No matter how large or small your business, no one can ignore the consequences of fraudulent activity; which can have a devastating effect on an entity’s ability to trade.
The number of frauds recorded by police has risen by nearly 60% in five years, according to recently released official crime figures.
The Office for National Statistics (ONS) has reported that more than 230,000 frauds were recorded in England and Wales in the year to June 2013.
This represented an increase of more than a fifth on the previous twelve months and a 59% rise in five years.
Introduction to Summit Law LLP’s Fraud Department
Our clients include accountants, auditors and other professionals, governments, small medium-sized enterprises, local authorities and private individuals.
We are regularly asked by other central London law firms to act as independent Supervising Solicitors to oversee and report on the proper execution of Civil Search Orders.
We also often work for court appointed office holders (e.g. administrators and liquidators) in relation to claims against directors or third parties or taking steps to secure documentary evidence such as bank statements.
In addition we also act for companies and individuals faced with claims made by insolvency practitioners both in the UK and overseas.
Summit Law LLP’s fraud team can also advise creditors on the best means of bringing claims for damages, when they have been victims of a fraud.
We can issue claims against those responsible for the demise of companies and we are able to aggressively pursue the recovery of investments on behalf of creditors and other stake holders.