Real Estate
Quantuma
Full Credential Description
In a case involving a property investment scam, clients had invested approximately £2.5 million into a redevelopment project in London, which was mismanaged by the Subject. The Subject had made fraudulent claims, supported by falsified documents, regarding the progress of the redevelopment, while in reality, the project had stalled. Instead of utilizing the investment for its intended purpose, the Subject diverted the funds to finance a lavish lifestyle. The clients sought assistance after the Subjects conviction, aiming to initiate a Private Prosecution to recover their losses. A team consisting of a managing director and two associates conducted a comprehensive analysis of the Subjects 26 bank accounts, meticulously summarizing his income and expenditure. The legal aspects of the private prosecution were managed by specialized lawyers. A significant challenge arose when the Subject claimed he had no realizable funds, asserting that any available funds were controlled by his father, a wealthy Lebanese businessman with offshore assets and substantial business interests in Nigeria. As of now, the case remains ongoing, awaiting the Subjects response.