Fraud by False Representation and abuse of Position
Fraud by abuse of position is governed by section 4 of the Fraud Act 2006, which states that a person is guilty of fraud by abuse of position if he/she “occupies a position in which he/she was expected to safeguard, or not to act against, the financial interests of another person. abused that position, dishonestly, intending by that abuse to make a gain/cause a loss.
Fraud by abuse of position can be committed in a wide range of ways. Some of the more common include: the manipulation of a company’s accounting system for financial gain; making an unlawful financial gain by a company director; or abusing workers in the work force. This latter offence includes not paying workers on time
The Actions
In such cases, if the regulatory body believes fraud by abuse of position has taken place, an investigation, often by the Police will take place. These investigations are time consuming and stressful, so the sooner you talk to our specialists the better. A conviction for fraud by abuse can lead to a prison sentence of up to 10 years.
In these cases, it is quite common for the Police request a search warrant search your home, your vehicle and workplace for evidence in addition to accessing phone records, digital images, paperwork, bank statements and social media accounts.
We are experienced in such cases and we also have access to the best barristers, company lawyers, employment lawyers, forensic scientists, accountants, IT analysts to achieve the best possible result for you.
Contact us if you are being investigated for Fraud by abuse of position
If you are being investigated by a regulatory body for fraud by abuse of position, please get in touch immediately. We have the experience and expertise to challenge the investigation and prepare a defence.