Kangs Solicitors represent a client, (DH), who worked for a company, (KP), that dealt with Learning and Development Training within the IT sector and which company was taken over by another company, (CP).
During the acquisition KP continued to use its own IT systems that were not compatible with CP’s system and KP’s Finance Team was able to continue processing invoices and monitoring monthly figures and sales targets.
In 2013 DH and another employee of KP started their own company, (UP), while still working for KP.
UP was involved in the supply of training packages to companies that were existing clients of their employer, KP.
The Alleged Fraud
Setting up a company like this was against KP’s company policy and trading through UP, which was a breach of DH’s contract with KP, enabled UP’s sales team to direct business away from KP.
It is alleged that over a quarter of a million pounds was misappropriated by UP and they are also accused of laundering the proceeds of their criminal conduct.
The trial is due to commence at Southampton Crown Court today.
How Can We Help? | Kangs Financial Fraud Solicitors
At Kangs Solicitors we are able to offer a wealth of experience in defending clients accused of involvement in all aspects of financial fraud and money laundering.
We have a successful specialist fraud department with a team of solicitors dedicated to defending allegations of this nature. We are ranked by Chambers & Partners in Band 1 nationally for our work in defending fraud cases.
Should you become involved in or be accused of any fraudulent activity and require any guidance and advice then please do not hesitate to contact our team through any of our below mentioned solicitors who will be pleased to meet you for an initial free consultation.
If you have been invited to attend an interview with the City of London Police, The Serious Fraud Office, The Financial Conduct Agency or any other Police force or Government agency we can provide a specialist Solicitor to represent you.
Who do I need to contact for assistance? | Kangs Fraud Team
Please do not hesitate to contact one of the following for an initial consultation: