Being accused of fraud or of hiding assets can be hugely stressful. It can risk reputational damage to individuals and companies alike. If this has happened to you, you’ll know exactly what we mean.
Asset tracing is a complex process that can often involve cross border issues. Prosecutors act fast because it increases the chance of recovering assets, so there’s no time to waste. You should speak to our specialist lawyers as soon as possible.
Our specialist team has the experience and the skills to handle complicated asset tracing cases.
We’ll be there to help every step of the way. If you need to respond to applications such as freezing injunctions or seizure orders, we’ll advise you on how to handle them. If you’re prosecuted, our asset tracing and recovery lawyers will be there to represent you and advise you appropriately on how to proceed.
We’ll fight to protect your reputation and clear your name.
What Is Asset Tracing And Recovery?
Asset tracing is the process of locating, freezing, and recovering assets suspected of being stolen. It involves tracing a full series of events, from the origin of the asset to its final destination. Tracing these events makes it easier to recover the asset.
Asset tracing is often used when money laundering is suspected to have taken place.
It can be a complicated process, as assets have often been sold or spent. Assets are sometimes placed somewhere that makes them deliberately difficult to access. These tactics make it much harder to trace the assets.
How Long Does Asset Tracing Take?
Although asset tracing can be a complex process, the proceedings tend to move quickly.
The faster the prosecutor moves, the greater the chance of recovering the asset. That’s why it’s important you seek legal advice as soon as possible.
How Do We Help?
Our asset tracing and recovery lawyers will be here to help at every stage of the process.
We can advise on:
- Responding to interim applications like freezing injunctions, disclosure orders, search and seizure orders
- Civil action used to secure the return of the illegitimately obtained assets
- Criminal prosecution in respect of illegitimate assets.
Who Do We Help?
We help both individuals and businesses accused of fraud and hiding assets.
We’ll be there to advise you if prosecutors are looking to show that your assets were gained illegally. We’ll work to prove that your assets were legitimately obtained.
Why Choose Us?
We’re highly experienced in working across international jurisdictions. If your case involves cross border checks, it’s essential to have a team that’s well versed in international law. Our international network makes it easy for us to manage cross border issues.
We're connected to legal experts all over the world through a variety of networks. We’re also active in some of the legal and financial sectors’ most important organisations. We hold Advisory and Strategic Board positions for First Law International (FLI), the Commonwealth Enterprise & Investment Council (CWEIC) and Avrio Advocati.
We’ve also been named in Legal 500’s Crime Fraud and Licencing sector for Yorkshire and the Humber. Legal 500 is the leading independent guide to lawyers and law firms in the UK. In their 2022 guide, they praised our “Depth of experience. Irwin Mitchell have worked on many of the major fraud, financial services, cartel and money laundering cases and done so to an exceptionally high standard.”
If you’ve been accused of fraud or asset hiding, we’re here for you. We’ll represent you every step of the way, whether this is just to prove your assets are legitimate or if you need representation in a case of criminal prosecution.
Call us today on 0808 271 2602 or you can contact us online and we’ll get back to you as quickly as possible.