Forensic Accountancy: Crime

Challenge

We were instructed on a Proceeds of Crime case which involved an original allegation of £414,000 of hidden assets. The Prosecution then advanced another hidden assets allegation, this time for £800,000 on a different basis.

Results

We were able to prove that the original allegation of £414,000 was ill-founded and that the monies alleged to have disappeared could be traced, their ultimate use identified as dissipated and so not available for a confiscation order.

With regards the subsequent allegation of £800,000 we were again able to demonstrate that the majority of the amount could be traced and shown to have been dissipated resulting in the Prosecution having to accept our evidence.