Corporate Fraud in UAE. Edmonds Marshall McMahon are experts in conducting fraud prosecutions. We are a unique firm, staffed by attorneys and investigators, and have significant experience in ensuring that victims of fraud, in the UAE and elsewhere, are compensated and that defendants are denied the proceeds of their crime.
We commonly advise on company fraud, which is when a company or its employees engage in activities that are illegal or dishonest. Company fraud (otherwise known as corporate fraud) takes many forms, including misrepresenting products and the operation of accounting schemes that inflate a company’s apparent profits.
Company fraud is part of a wider crisis across the globe. By way of example, in January 2021, the Royal United Services Institute (“RUSI”), a defence and security think tank, published a paper explaining that fraud in the UK has reached epidemic levels. According to this paper, fraud is the “volume crime of our time”. There is certainly increased media attention around the issue – for example, shortly after the RUSI paper was published, the BBC reported that the UK’s fraud epidemic is now a “national security threat”. Notwithstanding greater awareness of this world-wide problem, the response of governments across the globe continues to fail individuals and businesses. Traditional law enforcement agencies are still failing to prioritise fraud offences, even as reports continue to rise. This state of affairs is at the heart of Edmonds Marshall McMahon’s mission – as private prosecutors, we specialise in providing fraud victims with access to justice.
Edmonds Marshall McMahon regularly implements private prosecution strategies to ensure that those who engage in company fraud are held accountable. We understand that this kind of fraud may cause embarrassment to victims, leading them to batten down the hatches and not report crimes. Crucially, however, private prosecutions have a significant deterrent effect on would be fraudsters and sends them a clear message – that private citizens and companies will take decisive action to route them out. Whatever the fraud, please talk to us (free of charge) so we can advise you on what is possible. As specialist prosecutors, we have the knowledge and resources that could make the difference between your recovering some, or indeed all, of your money.