Fraud Investigations – Instructed on behalf of the Defendant


Defendant Instructed Fraud Investigations

A man was on remand in prison having been charged with drug dealing. No drugs were ever found and the evidence against him was simply that he owned a number of properties but worked as a cleaner in a local factory. The implication was that the property purchases could only have been funded from the proceeds of crime. The man denied this.

The problem

As part of our defendant instructed fraud investigations, Forensic Accounting Services was instructed to review the man’s financial affairs and explain how the man funded his lifestyle.

What we did

We made a detailed review of the man and his family’s financial affairs, starting at the time he bought his first property. We combined analyses of his various bank accounts and obtained a large quantity of third-party evidence. We then used this evidence as the basis for a report which clearly showed the movements of funds into, out of and between the accounts. The records explained the sources of all the funds used to buy the properties. It showed how the man had used equity created through the legitimate purchase and sale of other properties to create his portfolio and support his family’s lifestyle.

The outcome

The Court accepted our fraud investigations report in its entirety and the man was released from remand without charge.

For more information, or to arrange an initial meeting to discuss a specific issue, please contact us.