As an investigative forensic accountant specialising in fraud I offer a wide range of different fraud related services to businesses and individuals in diverse locations. It occurs to me that there are two very closely linked subject areas of work within my business of providing asset tracing in cases where some form of asset recovery is being sought and [...]

In the UK it is Her Majesty’s Revenue and Customs that investigates tax fraud as part of its regulatory duties. HMRC is a massive organisation that has grown out of the merger of what was termed “the Inland Revenue” and “Customs and Excise”. HMRC is responsible for the overseeing of all forms of tax within [...]

I remember back in 2003 when the Proceeds of Crime 2002 legislation and associated Money Laundering Regulations 2003 (both subsequently amended by Serious Organised Crime and Police Act 2005 and Money Laundering Regulations 2007) were coming into force. As an accountant working in the regulated sector and specialising in fraud/asset tracing/money laundering I naturally took [...]

I decided that it was high time that I spent a day working from home and getting all those little jobs done that I have been putting off when working in the office. For one thing there is the little matter of writing a newsletter, updating my contacts list and getting the publication out. Fraud [...]

The Ponzi fraud dates back to early last century when Charles Ponzi first brought the idea of using an investors funds to repay investors their interest, thereby seeming to be a successeful business and encouraging new investors, into public knowledge. I am willing to bet that he was not the first to see the potential in [...]

I was reflecting on the direction that my fraud investigation case portfolio would be taking over the coming few years – part of the anticipation many of us have about the fall out from the global economic downturn that is currently facing us. I think that my focus will be largely on frauds arising from [...]

I recently wrote a post on my earlier blog site (which has unfortunately disappeared along with my older articles into my hosting server’s archives!) commenting on the state of the world economy as we draw towards the end of 2009 and how it will be effecting the level of frauds that are being discovered and [...]

Just a quick final post for today to hopefully finish checking my blog site formatting!  One of my interests is researching the many scams and cons that abound in the “business opportunity” market place.  For this reason I have set up a web site to consider such business opportunity scams and compare these to business [...]

One of the areas where I have been involved over recent years is investigating fraud arising out of insolvent estates and organisations.  This is where a bankrupt person or director of an insolvent company has, in preparationn for, or in contemplation of the impending crash hidden or removed assets.  This is theft of course from the creditors of any [...]

The term Long Firm Fraud is popular with law enforcement investigators who coined the phrase several years ago when this method of fraudulent trading was at its height. Typically based in the Midlands organised crime gangs would set up apparently bone fide companies, sometimes hijacking the identity of an existing company to obtain a legitimate [...]