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Case study

The one where the
solicitors failed to spot the fraud…

Advice was provided to victims of a property investment fraud in relation to a negligence claim against their legal advisors on the property transaction.  Advice was provided to the clients in relation to recovery of losses from their former solicitors. It was alleged the former solicitors had failed in their duty of care by not advising the clients to withhold from completion on the said property transaction due to there being sufficient information available to allege fraudulent misrepresentation. 

The former law firm had advised the clients that they had no choice but to complete on the transaction which ultimately led to a loss of in excess of £2m.  Whilst some recoveries were made from the fraudsters causing the loss, a sum in excess of half a million pounds was recovered from the insurers for the law firm due to their failure to detect the fraud and the advice to the clients to conclude the property transaction.

  • Case Study
  • Sector
    Real Estate
  • Service
    Professional Negligence

Contact details

Phone: 0121 796 4020


Fax: 0843 216 4240


Tenet Compliance & Litigation Limited
Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP


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Tenet Compliance & Litigation Limited. Registered Office, Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP. Registered in England and Wales. Registered No: 09776405. Authorised and regulated by the Solicitors Regulation Authority. SRA Identification No. 626562.

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