Long Firm Fraud

Long firm fraud is when a trader sets up an apparently legitimate business intending to defraud its suppliers and customers.

Long firm fraud starts with the trader placing numerous small orders with wholesalers and paying them promptly. Having established a good credit history and won the trust of suppliers, these individuals then place several larger orders with their suppliers. But once they receive the goods, they promptly disappear and sell their goods elsewhere.

If you or someone u know has been accused with this offence, contact our experts now.