Business Fraud

At Draycott Browne, we have a specialist team of experienced business crime solicitors who are experts in advising on all matters of business fraud.

Allegations of fraud can be extremely damaging to the reputations of both a company and an individual so it is vital that you respond quickly to any accusations and seek immediate legal advice to ensure the best chance of a successful outcome.

Business fraud is such a complex area that you will require the specialist services of a legal firm like Draycott Browne to represent you.

We have a proven track record of successfully defending some of the most difficult and serious cases so if you are facing charges for business fraud, call Draycott Browne today on 0161 228 2244 and receive the advice and support you need.

ABOUT BUSINESS FRAUD

Business fraud is defined as a deliberately dishonest act carried out with the intention of deceiving others, including lending companies and investors for financial gain.

  • Serious high-value fraud

Crimes considered to be serious high-value fraud include asset stripping, fraudulent trading, bribery and corruption. This type of fraud is committed by providing false information, failing to disclose information or taking advantage of a position of power.

  • Money laundering

Money laundering is the possession, use, concealment or acquisition of criminal property like money or goods.

  • Tax fraud

Tax fraud includes tax evasion, where an individual or company deliberately fails to declare their income or falsifies expenses to avoid their tax liability. It also includes instances where VAT is unpaid to the government or where goods that are liable for VAT, excise duty or customs duty are smuggled to avoid paying tax.

  • Investment fraud

Investment fraud is any scheme or deception relating to investments that affect a person or company including illegal insider trading, fraudulent manipulation of the stock market, share scams and pyramid schemes.

  • Boiler room operations

A boiler room often refers to a space set up to facilitate cold calling where sales techniques to sell stocks are based on misinformation, deception and coercion.

  • Wrongful trading

Wrongful trading occurs when a business continues to trade as normal, even though the managers or directors are aware that they are going out of business.

  • Fraudulent trading

Trading is considered to be fraudulent when a business continues with its operations with the intent of purposefully deceiving and defrauding its creditors.

WHAT ARE THE PENALTIES FOR BUSINESS FRAUD

The penalties handed out will depend on the type of fraud committed and with consideration of the harm caused and the culpability of the perpetrator. The financial harm and impact beyond monetary loss to the victim will be considered, and culpability will be measured by whether the fraudulent act was planned or opportunistic.

Punishments for committing business fraud can range from community orders and substantial fines through to lengthy prison sentences.

HOW WE CAN HELP

Our specialist team combines comprehensive business and legal knowledge to ensure you have the best representation possible to guide you through the judicial process and beyond.

At Draycott Browne, we can guarantee you a highly skilled and experienced team of solicitors who have the expertise and technical knowledge necessary to defend the allegations against you. We take pride in our track record of achieving consistently excellent results and in providing a service of the highest quality.

We will robustly challenge any evidence against you and will work closely with the relevant enforcement agencies, like the Serious Fraud Office (SF0) on your behalf, helping to minimise the impact to you and your business.

We also have 20 years’ experience dealing with key agencies such as:

  • Her Majesty’s Revenue and Customs (HMRC)
  • Department for Work and Pensions (DWP)
  • Financial Conduct Authority (FCA)
  • Crown Prosecution Service (CPS)
  • National Crime Agency (NCA)
  • Department for Business Innovation and Skills
  • Trading Standards

We have a formidable reputation right across the industry for defending cases of this nature with the tenacity and attention to detail that is second to none, providing you with the best, most pro-active and most effective defence available.

We can provide assistance at every stage of the legal process including:

  • Dawn raids
  • Preparing you for an interview with the authorities
  • Securing bail
  • Challenging the authorities on search warrants and other orders
  • Preparing your defence for trial
  • Successfully defending you in court

From the moment you instruct us, we will work with you to assess and review your business operations to not only defend you against current investigations but also to protect you against allegations in the future.

CONTACT THE EXPERTS

When it comes to defending you and your business don’t settle for anything less than the best. Draycott Browne provides legal services across Manchester and the Northwest so for advice and representation from the fraud experts, call us today on 0161 228 2244 or complete our online enquiry form.

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