IYE Legal investment fraud recovery
Background
The Home Office estimates that over £6.8 billion is lost to criminal fraud in the UK each year and the latest Crime Survey for England and Wales shows over 3.3 million recorded incidences of the crime with failed investments adding significantly to the total.
Many victims are not fully reimbursed often causing long-term hardship and the effect on the victim can be devastating. Often deprived of financial security at a time of life when they cannot recover, victims face significant welfare issues, including physical and mental health problems and a greater risk of suicide.
All recovery work is undertaken by IYE LEGAL, regulated by the Solicitors Regulatory Authority (SRA), whose service costs are included in your fee. This brings specialists in financial services fraud with experience of fraud claims for and against banks, funds, and senior employees/directors of companies in the financial services sector to your disposal. They often manage fraud claims with concurrent parallel proceedings including civil, criminal, regulatory and arbitration proceedings (domestically and abroad).
You commission the lawyers directly to perform the recovery process, and their proactive and imaginative advice is always clear and commercial. They help clients reach the outcomes they want. Often, this is a full settlement and the IYE LEGAL team work together to devise strategies to help achieve this.
Fees
As recovery cases tend to be open-ended and accessing a fee at the onset is difficult, IYE has decided to charge a modest fee for investigation work up front with a ‘conclusion fee’ for successful recovery of assets on recovery into the clients account at the end.
We feel this makes our service affordable whilst giving the client comfort that IYE will continue to work for a satisfactory outcome.