Olliers experience of defending false accounting allegations dates back many years. The firm’s reputation for committed and rigorous defence work means that we attract some of the most complex fraud cases in the country.
False accounting is an offence under Section 17 of the Theft Act 1968. It involves the falsification, concealment or destruction of records for an accounting purpose.
False accounting can take place for a number of reasons which can include inflation of share price, hiding losses, reporting unrealistic profits, obtaining additional finance, attracting new customers and achieving bonuses.
The maximum sentence for false accounting is seven years imprisonment and any allegation needs to be taken very seriously.
Olliers provide specialist advice and representation throughout England and Wales.
We are ranked as a Top Tier criminal firm in both of 2013 editions of the Legal 500 and Chambers Directory.