Both small and large companies can find themselves charged with an offence of false accounting and very often the business owners or directors will be unaware that a crime has even been committed.
The S17 Theft Aft 1968 created an offence of false accounting, which involves an individual intentionally falsifying, altering or submitting false, inaccurate or deceptive records for the purposes of account.
There are many ways in which false accounting can be alleged, with the most common being allegations that a company have hid their financial losses to avoid any financial help being withdrawn. Other forms of false accounting can include obtaining additional credit or finance to deal with cash flow problems, reporting false profits in order to obtain credit and amending accounts to evade tax liability.
This type of fraud can result in innocent business owners being accused of offences that they were not aware of.
Operating nationwide from our bases in the City of London and central Manchester Cunninghams are leaders in defending those accused of serious fraud and complex crime and are consistently ranked as a leading practice in these fields in all guides to the UK legal profession. Specialising in this work for over 30 years has resulted in an enviable network of experts, forensic accountants, QC’s and senior barristers to draw upon as we tailor our clients bespoke defence team
All our serious casework is led by a director with who you will have direct contact. If you are being investigated or have been charged with false accounting it is important not to delay. Contact us and you will receive immediate expert advice from an experienced fraud defence lawyer.