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    "Noted for the excellence of its white-collar defence practice"

    Chambers & Partners, 2014 edition

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    "Outstanding financial crime defence practice"

    Chambers & Partners, 2014 edition

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    "It’s a deluxe firm which pulls out all the stops for its clients"

    Chambers & Partners, 2014 edition

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    "They are the market leaders for serious crime’"

    Chambers & Partners, 2014 edition

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    "Kangs has an excellent reputation. They care about their clients and go the extra mile for them"

    Chambers & Partners, 2014 edition

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    "Kangs Solicitors is a standout firm"

    Legal 500, 2014 edition

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    "Kangs Solicitors is in the highest tier of firms"

    Legal 500, 2014 edition

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    "Hamraj Kang is noted for his very sharp legal brain"

    Legal 500, 2014 edition

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    "Kangs Solicitors fields a team of ‘technically able solicitors’
    and is well regarded for its serious crime and fraud work"

    Legal 500, 2014 edition

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    "Hamraj Kang is a shrewd tactician and very experienced"

    Legal 500, 2013 edition

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    "What the team is known for - handles an extensive array of criminal matters
    including murder, drugs and white-collar crime"

    Chambers & Partners 2013 edition

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    "Adept at dealing with cases that have an international dimension"

    Chambers & Partners 2013 edition

    Operation Aquamarine | Successful Negotiation at Southwark Crown Court

    Criminal Defence Solicitors | Vat & Tax SolicitorsNEWSOperation Aquamarine | Successful Negotiation at Southwark Crown Court

    Nov

    29

    November 29 , 2016 | Posted by Kangs Solicitors |

    Operation Aquamarine | Successful Negotiation at Southwark Crown Court

    Mortgage Fraud | Kangs Fraud Team

    Our client was one of 15 defendants charged with conspiracy to commit mortgage fraud between 2006 and 2007 when eleven loans were obtained from “Barclays Private Clients International Ltd”, based in the Isle of Man, totalling approximately £50 million.

    The funds were used for the purchase or re-mortgage of properties within the UK.

    Among those charged were a former Corporate Manager from Barclays Private Wealth, a Chartered Surveyor from Savills, a Commercial Mortgage Broker and several senior Solicitors.

    The loans obtained were based upon hugely inflated property valuations and the provision to Barclays of false information about the financial situation of the mortgage applicants.

    Our client was the director of a company used to re-mortgage a hotel in Brighton for £1.75 million. The Prosecution alleged that this loan was obtained using a fraudulent valuation and through the provision of false information to Barclays.

    Following extensive negotiations with the Prosecution, our client accepted a lesser charge of “obtaining a money transfer by deception”. The more serious charge of “conspiracy to defraud” was dropped.

    In addition, it was negotiated on our client’s behalf that the Prosecution would not pursue the same allegation against his wife and they would not initiate Confiscation Proceedings.

    Our client will be sentenced at the conclusion of his co-defendants’ trial.

    Focused negotiations | Kangs Solicitors

    At Kangs Solicitors we are able to provide clear and pragmatic advice, with an emphasis on achieving the best possible outcome for our clients.

    In this particular investigation, which began 9 years ago in 2007, our tactical approach to negotiations with the Prosecution has enabled us to secure a very positive outcome for our client.

    How can we help? | Kangs Specialist Fraud Team

    Kangs has an unrivalled level of client care and a proven track record in defending serious allegations of fraud.

    Our team will work proactively and relentlessly to ensure you are equipped to deal with an investigation of this nature.

    We have a wealth of experience in representing clients who find themselves at the centre of a police investigation of this nature.

    It is imperative to seek advice at an early stage of a criminal investigation.

    Decisions made at the investigation stage of a case often have a huge impact on the shape of a case should it proceed to Court.

    We are able to provide Solicitors to represent you at interviews with the police.

    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:

    Hamraj Kang
    hkang@kangssolicitors.co.uk
    07976 258171020 7936 6396 | 0121 449 9888

    Tim Thompson
    tthompson@kangssolicitors.co.uk
    0121 449 9888 | 020 7936 6396 | 07989 521210

     

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