Hot on the heals of a report from KPMG this week a specialist Fraud solicitor in Halifax is warning that the true scale of property and mortgage fraud is yet to be known. Aziz Rahman, principal of Rahman Ravelli Solicitors in Halifax, believes that the full extent of this type of property fraud is neither fully understood or appreciated.
It looks like 2010 is the year that small to medium businesses' behaviour becomes subject to closer inspection. The Serious Fraud Office's dismal prosecution record for offences like fraud and price fixing has led to the government wanting to improve the success rate in the courts. As a result, new legislation is either in place or on its way this year to ensure small and medium businesses follow the straight and narrow.
A LEADING fraud solicitor is warning that the true scale of property and mortgage fraud is yet to be known.
REMI Stumpenhusen has just been appointed practice manager at Rahman Ravelli.
She takes on the role at the firm based in Pellon Lane, Halifax, after holding similar posts in legal practices in London.
New legislation giving regulators greater powers to investigate and prosecute fraud cases could see a sharp rise in litigation against UK companies, meaning directors could face heavy penalties.
The government is pulling no punches in its commitment to enforcing better corporate governance by threatening tougher sanctions against companies and their directors, says Aziz Rahman.
The UK is cracking down hard on corporate abuse, but robust compliance policies - as well as expert legal advice - can help companies steer clear of trouble, as Aziz Rahman of leading specialist fraud law firm Rahman Ravelli, explains.
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