Land Banking Fraud is on the increase. The Financial Conduct Authority (FCA) estimates that it has cost the UK economy approximately £200 million. Allegations often involve parcels of land for sale with potential for huge profits upon grant of planning permission and development. The profit to be made is alleged to be exaggerated and that amounts to the Fraud.
A significant portion of the case rests on the prosecutions allegation that the realistic prospects of planning permission being granted was very little (or none) and those accused, deliberately and dishonestly exaggerated those prospects to lure investors to part with money. The intention, honesty, due diligence undertaken and potential compliance with planning permission rules and regulations are core areas for the defence to consider.
If you are Falsely Accused of Fraud, you must engage specialist Fraud Solicitors who have the knowledge, the skill and expertise Land Banking Fraud Allegations. Fraud Solicitors who will be pro-active and not re-active. Fraud Solicitors who will meticulously scrutinise the prosecution's evidence, who will challenge the exaggeration and lies of the Investors, who will collect all available evidence to support your defence case.
Many cases will involve numerous individuals and it is crucially important to test the prosecution case to the limit and be prepared for any one of the others to provide damaging evidence. People facing many years of imprisonment are afraid, are nervous and think of the impact of a conviction on their loves ones. Regardless of the relationship you may all have once enjoyed, the prospect of imprisonment erases those previous bonds and forces people to compare their personal morals against their liberty. More often than not, the retention of liberty wins and in cases of this nature, where numerous people are trusted to work together, savvy and switched on Fraud Solicitors will be working on assuming the worst-case scenario position; that one of the others will blame you for the dishonesty and for the Fraud as a whole.
In such cases, we will take details instructions from you on the day to day functions of every person and how or to what extent, each person has benefited or contributed. Whether the defence strategy falls on the feet of attacking the others or not, is a matter which can be decided during the trial but we seek not to leave any stone unturned in being fully prepared to win your case.
Our Fraud Solicitors will be examining the evidence meticulously. Where there are schedules of telephone contact, observation evidence, banking records, etc. these are analysed and the client is involved in providing an explanation of the significance of the evidence. After all, there are always two sides to a story. We may also be seeing witnesses, taking statements, gathering documentary evidence in the UK or abroad and preparing other relevant evidence to present the client’s case in best light.
Interviewing architects who may have drawn up plans, speaking to planning officers who may have provided preliminary advice on the proposals, checking the specification of the land against publishes planning permission rules and regulations online are all crucial tasks for a Land Banking Fraud Lawyer.
Thereafter it is fundamental to see what the funds received were used for. Whether any applications were in fact made, whether the funds were feeding exuberant lifestyles, excessive commission payments and bring withdrawn out in cash. In any event, if such factors did exist, our Fraud Solicitors will establish your compliance with Companies Act Legislation and the satisfaction of HMRC liabilities on funds collected.
This is the core benefit of instructing exclusively Fraud Solicitors who defend Fraud Cases on a daily basis. We develop Fraud Solicitors to be commercially savvy and to have the skills to advise on all areas of importance to someone facing Land Banking Fraud Allegations. Matters of Restraint Orders, Cash Detention, Property Seizures, Money Laundering and Confiscation are within the fluent knowledge of our Fraud Lawyers.
Early action in any case is pivotal to increasing the chances of success. In such complex and intimidating investigations or prosecutions, you will require skilful advice at every juncture. Please Contact Us and ask to speak to our Fraud Solicitors to arrange a meeting in person, online or by telephone. If you prefer, you can WhatsApp us from the link you will find at the bottom banner if you open this page on your mobile phone device.