What is Corporate Crime?
Individuals and corporations, including charities, trusts, and partnerships, can conduct white-collar or corporate crime. Conviction can result in harsh penalties; persons can and are imprisoned for the most egregious frauds. In addition, the courts have the authority to order compensation for victims, confiscation orders, disqualification of directors, and fines of up to 400% greater than the financial gain from the crime.
While the reputational harm to firms and people is difficult to quantify, the expenses of defending a vigorous investigation and prosecution are indisputably substantial, and diverting key personnel to the defence team is a strain on corporate resources. In light of this, the majority of white-collar crime cases are handled without a trial, with the accused discussing and agreeing on a plea. We understand how plea deals are struck with prosecutors and enforcement agencies since we have previously represented tax authorities in enforcement proceedings and worked in the Crown Office in Scotland.
How Can Our Solicitors Help?
Our corporate crime solicitors provide experienced assistance on bribery, corruption, fraud, anti-money laundering, proceeds of crime, and trade restrictions, including international sanctions.
Criminal crimes are not restricted to purposeful wrongdoing; failing to prevent a bribe or corrupt payment might be sufficient. The UK Bribery Act, as well as other statutes like the Foreign Corrupt Practices Act (FCPA), are aggressively enforced across the world. Anti-money laundering legislation can apply to both financial and non-financial firms, and reporting requirements vary by country.
Responding to fraud and financial crime necessitates strategic planning. We assist clients in navigating compliance regulations to prevent, identify, and respond to corrupt or fraudulent activities.
Get In Touch With Our Financial Crime Lawyers in Glasgow
No case is too much or too complex. All clients are treated respectfully and discreetly. We are sincerely devoted to our clients and their cases, and we take pleasure in the level of service we deliver. We understand that clients demand a strong sense of control.
We work hard to ensure that clients, including companies and individuals/employees, are knowledgeable about the applicable legislation and their options.
