Being under investigation for investment fraud can be upsetting and stressful. You’ll be concerned about what the outcome might be. Will it end in years being imprisoned away from your family and dependents? Will they have enough money to be able to pay their way without you?
As soon as you find out that you’re being investigated or are being charged with this crime, it’s vital that you seek competent legal advice from experienced fraud solicitors. By selecting fraud lawyers who have experience and expertise in fraud cases, you may even be able to get your case dismissed before it progresses to the court stage.
We appreciate an entrepreneurial mind may have created the scheme and destined for real success. We know that investors who lose money will be annoyed and desperate. They will inevitably lie and exaggerate the truth to ensure the complaint falls within the scope of the Fraud Act 2006 or the Proceeds of Crime Act 2006.
Have you been charged or arrested for Investment Fraud?
If you have been charged or arrested in connection to an investment fraud case, it’s essential that you engage the legal services of a fraud solicitor. It’s understandable if you’re feeling stressed, nervous and anxious about what the outcome might be.
In some cases, it might be that you had no involvement in this situation, but you’re being accused of playing a role or playing a role that is far larger than in reality. Attending to this situation immediately will improve your chances of getting your name cleared and ensuring the best outcome.
On this page, we’ve listed out many of the questions that clients involved in an investment fraud case typically ask. We aim to provide you with the best support and guidance to help you with this difficult challenge. If you have a question, and it’s not answered here, contact us on 0208 888 5225 and we will do what we can to provide you with an answer.
What type of actions are considered Investment Fraud?
Here are some examples of the type of investment fraud cases that may have led to the situation in hand.
Ponzi schemes – for instance, somebody will tell people that they have found a great new way to invest that will bring returns. The promised returns cannot be given to the investors and the scheme crashes.
Pyramid schemes – for example, a scheme which encourages people to enrol others for the purpose of making money.
Binary options fraud – an example of this might be when there is a trading scheme based on an internet platform that shows it’s making money, then when you try to get your money back, you cannot.
Boiler room frauds – this is typically a sales centre that is selling penny stocks or other investments using fraudulent tactics.
These are just a few examples of investment fraud; there are several others. If you would like to know more about investment frauds, you can always contact us for more information. Call us on 0208 888 5225.
What happens in an Investment Fraud investigation?
When an investment fraud investigation takes place, the primary focus will be on establishing who is responsible and how to recover the missing funds.
It’s a worrying time for whoever is involved in an investigation of this nature. It’s normal to feel stressed and even suffer from sleepless nights, worrying about what the outcome might be.
Every investment fraud case is unique, but no matter what your situation is, it’s critical that you speak with a skilled investment fraud lawyer. It’s crucial to begin building a defence strategy as quickly as possible. You will also then have somebody to guide you and support you during the investigation process.
In some cases, a good investment fraud lawyer may even be able to get your case dismissed.
You may have been falsely accused of investment fraud
Often our clients are accused of something that they didn’t do, and this could be true in your case. In some cases, you may even have the same name as somebody, or perhaps they have stolen your identity for the purpose of using it in investment fraud. In some cases, your bank account may have been used for fraudulent financial transactions. If this is in line with your situation, hiring a competent investment fraud solicitor is a must.
Without a lawyer, you cannot find out more until the interview
If you’ve been asked by the police to attend an interview at the police station, we advise you not to attend without taking an investment fraud solicitor with you. The police may tell you that they want ‘a chat with you’, or listen to your side of the story.
The police have been trained to meet their goal of getting a conviction. Using these underhand tactics are designed to work on people who don’t know how important it is to engage a competent lawyer for any communication that takes place with the police in investigations.
Instruct a legal professional as soon as possible
It’s critical that you hire an investment fraud solicitor to support you. They will advise you on what you should and shouldn’t say in any interviews with the police.
Questions in a police interview are generally very probing. Sometimes the police will go all out to trip you up by not disclosing all evidence to you. When you engage a lawyer, they can gain access to the reason why you’ve been arrested and can, therefore, start crafting a defence for you before the investigation progresses to the court stage.
What should you do if you get arrested or charged with Investment fraud?
Investment fraud is an area of law that can be complex. Although you aren’t obligated to engage with a legal professional, it’s advisable to do so. The law in England & Wales is always in a state of flux, and it’s only lawyers who can stay on top of them.
By hiring an investment fraud solicitor, you’ll have access to their in-depth knowledge of the law and years of experience of similar cases to yours. They will know whether it’s possible even to get your case dismissed or how to get the best possible outcome.
Hiring specialist legal experts will give you the peace of mind that is currently missing. Make contact with a competent defence lawyer as soon as possible so that your defence can be crafted immediately.
Can the police search my home?
It’s quite likely that the police will request a search warrant from a judge or a magistrate. They will use this to search your home, your telephone records, bank statements, money transfers and may want to examine any unexplained assets. Connections of you and your family may be put under surveillance and your social media accounts will be examined.
Could you go to prison for Investment Fraud?
Investment fraud is a serious offence that is normally punished with a prison sentence. You are also likely to receive a large fine and face confiscation proceedings.’
This is likely to be a worrying time for you and your family. By hiring a competent investment fraud lawyer, you’ll have somebody to support and advise you. You may also receive a restraint order on your bank account until the investigation is complete. At that time there may be a confiscation order applied to reclaim the funds for those who have been defrauded.
It’s imperative that you engage a fraud lawyer who handles investment fraud cases regularly.
What mitigating factors may be considered in sentencing?
When it comes to sentencing for investment fraud, a number of factors will be considered. The judge will look at whether you worked with others as part of a conspiracy to defraud and how much deceit and loss was involved. It’s regarded as a fairly serious crime and the court responds by handing our sentences that will deter you from getting involved in a rime like this again.
What type of sentence could you get for Investment Fraud?
An investment fraud case that reaches court and secures a conviction is likely to get a prison sentence of a number of years. The damage to the trust of the public in financial institutions being the bedrock of the economy is the chief reason for this.
Does a conviction for Investment fraud go on your criminal record?
If your investment fraud case progresses to court and you are found guilty and convicted, your conviction will be noted on your CRB / police record. The period of the endorsement will depend on the nature and length of your sentence.
How Can Stuart Miller Solicitors Help?
The fraud lawyers at this firm have defended those accused of these schemes at all levels. Whether you are accused as the mastermind, the second in command, the marketing assistant, the IT assistant or the floor-operator required to deal with customers; Stuart Miller Solicitors have substantial expertise in understanding your case, your circumstances and the way in which the prosecution will seek to prosecute you.
Given the nature of these schemes, often those involved are unable to disclose the manner in which they sought a return on investments. If such information was disclosed, the scheme could never operate and competition would move-in to monopolise on the unique nature of the investment proposed. This is the most important feature in defending Ponzi fraud or pyramid scheme cases. The ability of those at the top of the chain to show how and why their scheme was legitimate and commercially able to succeed and for those at the bottom end to demonstrate they exercised reasonable due-diligence to ensure what they were selling/proposing was a legitimate and honest scheme. Honest intent and lack of dishonesty are likely to be at the heart of the defence case, and our fraud lawyers will pro-actively pursue all defence material which will strengthen your case.
Owing to daily handling of fraud cases, our fraud solicitors have the very best barristers and QCs to choose from. We can instruct international agents to make enquiries abroad; we can engage financial experts to analyse the trail of funds, we can work with telephony experts and computer evidence evaluation experts to build your defence case.
Our reputation is very important but we at Stuart Miller Solicitors also rely on past notable cases to speak of our remarkable abilities in this field.
When should you discuss your case with an expert Investment Fraud Solicitor?
In any legal case, early action is pivotal to increasing the chances of success. In cases of this nature, you will require specialist advice at every step. If you have been served with a restraint order, you have had cash seized or your money confiscated; rest assured our fraud lawyers will advise you on all aspects of the fraud investigation or prosecution.
Whether you are facing allegations of fraud by false representation, fraud by failing to disclose information, making or supplying articles for use in fraud or on the larger end of the spectrum, for conspiracy to defraud or money laundering; please contact us and ask to speak to our fraud solicitors. We can arrange to speak to you 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.
Would you like to discuss your case before instructing us?
If you’d like to have a no obligation chat with us before you instruct us to take your case, then contact us today on 0208 888 5225.
Please contact our fraud solicitors to arrange your meeting, whether face to face, online or by telephone. If you prefer, you can also send us a WhatsApp message using the link on this page.
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