Fraud Investigation – Instructed by the Police


The Fraud Investigation

As part of an ongoing investigation Fraud Investigation the police raided a house and found a large quantity of cash. The occupants of the house claimed that the monies were savings which they had recently withdrawn from their bank accounts. The police suspected that the funds were the proceeds of the crime that they were investigating and made an application to confiscate the funds.

The issue

The defendants’ solicitors obtained a forensic accountant’s report which concluded that the monies had indeed come from legitimate savings. Forensic Accounting Services were instructed by the police to review that report’s findings.

What we did

We made analyses of the couple’s bank account and merged the details in order to obtain a detailed understanding of their spending habits and sources of income. By concentrating on the amounts of personal cash held, banked and spent over a six-year period, we were able to show that the couple had spent considerably more cash than apparently received and concluded that the husband and wife must have had access to unidentified sources of income.

The outcome

The couple refused to provide an explanation for the unidentified income so the Court granted the application to confiscate the monies discovered by the police.

For more information on how we can help in a fraud investigation, or to arrange an initial meeting to discuss a specific issue, please contact us.