Sympathy for criminals is usually quite hard to come by; when someone is found guilty of profiting through illegal activities there are often calls for them to be stripped of every penny to their name.
But in proceeds of crime cases – wherein a court attempts to recover the amount one has benefited financially from criminal acts – adopting a fair and balanced approach is extremely important. That is why forensic accounting services are so often called upon in cases such as this, because they rely on facts and figures to determine the course of justice.
Whether it is someone selling illegal products or services in tandem with a legitimate business – such as an online pharmaceutical trader also selling fake viagra – or an individual accused of having hidden assets acquired through fraud, forensic accounting can play a pivotal role in uncovering just how much money ought to be paid back in accordance with the Proceeds of Crime Act 2002 (POCA).
Frenkels Forensics is usually instructed to prepare an expert accounting report on behalf of a Defendant to clearly show what assets or money have been amassed through perfectly legal channels and which come through illegal gains.
The figures suggested by prosecutors can sometimes be massively inaccurate or embellished in the attempt to enforce justice. The experts at Frenkels Forensics have a proven track record of reducing these sums dramatically by producing clear, detailed and evidence-based reports for court, which ensure only the correct amount is repaid during a proceeds of crime case.
For expert help in a criminal case involving proceeds of crime or any other type of financial dispute contact Frenkels Forensics for an independent appraisal.
We can help assist individuals, companies, lawyers, barristers and accountants in conducting a full investigation into accounts to ensure a fair settlement for the prosecution or defendant.
Alternatively, if you’re looking for advice on any aspect of forensic accountancy, then do get in touch via Twitter, Google+, LinkedIn or by visiting our website www.frenkels.com
By Vitek Frenkel – find me via Google+.