×

NORTHWEST LEGAL NEWS

Wednesday June 20 2018

Firm's Forensic team uncover £1m worth of fraud resulting in jail sentence


Earlier this year Liverpool based financial advisors Wilson Henrys forensic team...



Firm's Forensic team uncover £1m worth of fraud resulting in jail sentence

...led by Director Hilene Henry, acted as an expert witness in a Lancashire fraud trial, involving three individuals colluding to defraud their employer.

 

The trio, who had worked at LS Systems, a horticultural firm in Tarleton, Lancashire were arrested by officers after suspicious activity was reported in company accounts in 2014.

 

Wilson Henry were initially engaged to review the firms accounts system, and quickly discovered a number of transactions that had been made in previous years, with large sums of money withdrawn.

 

These transactions included £27,000 worth of diversion products, to allow branded footwear to be sold below RRP cost online and illegal money transfers worth up to £600,000 using dummy employee records.

 

Other findings also included £600,000 worth of exorted funds using fictitious purchase invoicing to buy three properties and £100,000 worth of diversion of online bank account balances.

 

Hilene Henry, Director of Wilson Henry, who led the firm’s team and gave expert evidence at the trial, said:

 

“Most businesses think fraud is something which happens to others and not to themselves. This case was a massive call to action for all businesses to ensure that their systems are set up to protect them.

 

“It is easy for someone (or several people) to con business owners into thinking that they are acting in their best interests rather than stealing from them. this is the tip of the iceberg. As we speak a fraud is being committed in a small business in the North West every second of the day.

 

“The need to properly vet who you are employing and how you are controlling what they do, has never been more palpable.”

 

All three offenders have now been arrested and charged with conspiring to steal and removing criminal property.

 

The main culprit has since been jailed for seven years and three months, following a trial at Preston Crown Court, with the other two offenders receiving suspended sentences.

 

Proceeds of Crime Act (POCA) proceedings has now begun to help recover some of the money stolen.



"To find out more about how Wilson Henry can protect your business against fraud and to get your copy of our fraud guide, call Wilson Henry on 0151 264 8888 or email hilene.henrywilsonhenry.co.uk"
Wilson Henry








DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.







Entirely Law Jobs


Legal Assistant/Administrator - Healthcare Litigation

Manchester


Legal Assistant/Administrator - Healthcare Litigation Manchester City Centre Salary Negotiable An experienced Legal Assistant/Administrator is required due to expansion, to join a Law Firm in the Manchester area.




Legal PA

Manchester


Description Job Description Job Title: Legal PA Department: Property Location: Manchester Type of Contract / Hours of work: Full-Time Purpose of the role: Provide proactive and professional Legal PA support to allocated group.




Legal Secretary - Personal/ Catastrophic Injury

Manchester


Legal Secretary - Personal/ Catastrophic Injury £24,000 - £26,000 Manchester City Centre As a recruitment partner to an established Legal firm in Manchester City Centre, Platinum are looking for a Legal Secretary who has experience in the Personal Injury/ Catastrophic Injury sector.




Legal Assistant

Knutsford


A Legal Secretary is currently needed to provided secretarial and administrative support within a Financial Services business in the Knutsford area.




Practice Manager

Manchester


A Legal Practice Manager position has become available in an award winning Legal firm in Manchester.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Manchester


Legal Secretary£16K - £18K depending on experienceFallowfieldMonday to Friday 9am - 5:15pmOur client are a firm of solicitors based in South Manchester specializing in the full range of legal services including personal injury claims, immigration, property, family law and criminal law.




Legal Cashier

Rawtenstall


New Job - Legal Cashier – Rawtenstall – Up to £21k - Apply Now! REED Accountancy is recruiting on behalf of an energetic and long-established reputable Law firm based in Rawtenstall.




Legal Cashier

Liverpool


Legal Cashier We are currently looking for a Legal Cashier for a law firm in Liverpool.




RECOMMENDED FOR YOU ON ENTIRELY NORTH WEST


























BIRDINNOVATION DELIVERS JDX ESPORTS


The BirdInnovation team Chris Bird, Taz Rose and Paul Bolton delivered two openauditions and qualifying tournaments for the first ever JDX esports events held in Londons Westfield Stratford and Manchesters Intu Trafford centre on July 26th and 31st respectively































Discover the latest Industry News & Opinions on Entirely














We build powerful Financial Models for critical business decision makers.