Fraud Investigations

At Frenkels Forensics we have many years of experience in criminal and fraud investigation matters. We provide forensic accountancy services to solicitors, barristers, businesses and private individuals across the UK. Our continued success is thanks to our commitment to seeking the best outcome for our clients through forensic accountancy excellence, avoiding standing still as a business and ensuring first class service standards, every time.

Criminal Fraud

In cases of criminal fraud, we are usually instructed as forensic accountants on behalf of Defendants accused of fraud. Our forensic accountancy reports set out to examine and analyse the evidence prepared by the Crown Prosecution Service (CPS) and to ensure that the case against the accused is consistent with the evidence brought by the Prosecution. Our experience in analysing and interpreting financial data regularly creates real doubt as to culpability and the CPS not being able to prove its case ‘beyond reasonable doubt’.

In these matters we are used to working with large amounts of data, such as bank statements (our largest case involved money laundering the analysis of over 130 active bank accounts) and business records.

We often find that the Prosecution has made simple arithmetic errors or drawn wrong conclusions from financial documents. We have been instructed on cases involving frauds such as Ponzi schemes, boiler frauds (share scams) and carousel (missing trader) frauds. Our reports are written in a user-friendly way so that the contents can be easily understood by the Court and the Jury.

Civil Fraud

In cases of civil fraud, we can be instructed as forensic accountants to investigate the possibility that a business is losing money due to a fraud or theft being perpetrated by one or more of its employees. Once instructed as forensic accountants all of our investigations are conducted in a confidential and prudent way in order not to alert the guilty party of the real reason for our being there.

We usually find that the fraud is larger than originally thought and our investigations often show that the fraud has been going on for a number of years. Our forensic accountancy report will focus on the extent of the civil fraud and the weakness in the system that allowed the fraud to take place.

With IT playing such a pivotal role in businesses, we are sometimes required to examine an individual’s computer to find out secret transactions and any other matters that the fraudster does not want his company to know about. Our IT experts have the skills to analyse, locate and recover the electronic data to locate, recover and analyse active the data concealing the crime.

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