Fraud and asset tracing

Your relentless approach, tenacity and determination to resolve our difficult situation resulted in an excellent result for us.

Minoo Dastur, CEO, Nihilent Technologies Limited
Commercial Dispute Resolution

The occurrence of fraud can have a catastrophic effect on businesses and individuals. The importance of taking effective remedial action cannot be overstated as putting in place effective checks and balances can make the difference between identifying irregular activity at an early stage or becoming a fraud victim.

There have been significant changes in the UK regulatory and fraud prevention landscape over recent years, including the Financial Services and Markets Act 2000, the Proceeds of Crime Act 2002, the Fraud Act 2006, the Companies Act 2006 and the Bribery Act 2010.  We have seen the provisions of these acts being deployed against directors, officers and companies in a more targeted way than before, leading to significant prosecutions, fines and even imprisonment.

Our fraud team has represented multinational corporations, companies, directors and high net worth individuals on several high profile cases. We provide pragmatic and cost effective advice and solutions to clients who have been the victims of fraud or accused of fraudulent activity. We can advise on the most appropriate route to pursue – whether through the civil courts, criminal proceedings or alternative action. When acting for our client, we are tenacious and determined in the pursuit of recovery action through to a successful conclusion.

We frequently work with law firms, regulatory and crime prevention and enforcement authorities in other jurisdictions to prosecute or defend proceedings involving several countries. We can utilise an extensive international network in order to ensure our clients receive the best representation irrespective of the territories and jurisdictions involved.

We offer expert advice on:

  • complex multi-jurisdictional civil fraud proceedings
  • asset tracing, enforcement and recovery
  • search and seizure and freezing order
  • breach of trust and constructive trust claims
  • anti-bribery and corruption
  • internal and regulatory investigations including employee fraud
  • anti-money laundering and compliance

Recent work highlights

Asset finance agreements

Advising an asset management company in restructuring asset finance agreements fraudulently procured through payment of bribes.


Proceedings for conspiracy

Successfully representing a leading vehicle distributor in High Court proceedings for conspiracy, deceit and conversion of company assets against former employees and their associated companies.


Freezing order claim

Representing a hospitality sector client in a multimillion pound worldwide freezing order claim involving breach of trust, bailment, fraud and conversion in the Chancery Division and before the Court of Appeal.

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Penningtons Manches LLP

Penningtons Manches LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority. San Francisco is an associated office.

Penningtons Manches LLP