In the broadest sense, fraud is deception for gain. Civil fraud can take many forms and there is often an overlap with criminal fraud; however, the main difference is that a victim bringing an action for civil fraud has a greater range of remedies available to him to recover money/assets to include search and seize orders, freezing orders (including worldwide freezing orders) than under criminal proceedings which have a limited ability to compensate victims of crime or carry out work for a victim, who is simply a witness.
Under the Companies Act 2006, it is now possible for minority shareholders to bring an action on behalf of the company for wrongs (including fraud) done to it by directors. The Fraud Act 2006 (which for the first time creates a general offence of fraud) now makes it more difficult for defendants in civil actions to refuse to disclose documents and information which they would have otherwise been able to avoid on the grounds of self-incrimination.
We have the ability and experience to assess the legal merits of your claim and the commercial position and thereafter advise you on the appropriate remedies available to you.
We offer the full range of funding options (other than government funding) to include fixed fees, conditional fee arrangements, after the event insurance and third party funding. We also always provide cost estimates as soon as reasonably practicable and remain within those estimates or, where (for good reason) not possible, agree a revised estimate before the previous one is exceeded. This, together with our regular billing policy and transparency on costs, means you retain a degree of control and certainly over your legal spend.