Invoice Factoring Could Be Next Big Thing For Fraud Scam, Predicts Lawyer By Shaw Capital

Shaw Capital Management and Financing offer a complete line of factoring services, purchase order funding, and asset based financing, accounts receivable management, and other related financial services.

One of the biggest challenges facing businesses in the current economic climate is getting invoices paid and the use of invoice factoring could become a significant area for fraud, according specialist fraud lawyer Arun Chauhan of Midlands firm Challinors.

In the current economic climate the use of factoring is becoming more prevalent, says Arun, a
Partner at Challinors and head of its Fraud & Asset Recovery department. The problem of getting invoices paid is a growing problem and an increase in fraud in Factoring is an area that will not be immune from this threat.

The issue of invoice payment is not unique to the economic climate but one that is encountered by all businesses and in particular start up businesses. Factoring is the selling of a companys invoices, at a discount, to a Factor – typically a financial institution – which then assumes the credit risk of the account debtors and receives cash as the debtors settle their accounts. The company then receives the value of the invoice less a percentage retained by the company as their fee for the factoring service.

The Factor will typically obtain a personal guarantee or some form of security from a director of a company before commencement of any agreement, explains Arun.

There are two specific types of factoring – Open and hidden factoring. In Open Factoring the company does not mind if its customers know if they are using a Factor. The debtor is sent invoices by the Factor to recover the face value of the invoices.

If a company has decided to Factor invoices to improve cash flow, it may wish to keep this from its customers. In these circumstances the practice of Closed Factoring is used, which involves the debtor being invoiced by the company not the Factor, who is sent the invoice and then pays a percentage. When the debtor pays the invoice the sum due to the Factor is then paid.

The process of factoring is susceptible to fraudulent activity, if there are not sufficient controls in place within a business, says Arun. A Managing Director may not be aware that those dealing with the raising of invoices for the company may well be devising a fraudulent scheme by creation location of businesses: The fact that the postcode of a company is the same or in a similar geographical location to the debtor is one warning sign to look for. Another is the existence of large invoice amounts relative to the average for that debtor.

The fraud is sometimes not internal but purely perpetrated to cause loss to the Factor. One example of this was uncovered in 2008 where the Directors of a Manchester based computer firm,
Ravelle, were convicted in a 3.25 million fraud upon its creditors. The fraud was centred on the creation of false sales documents and a complex web of inter-company transactions designed to deceive Factoring companies into providing finance to the Ravelle Group. This is a prime example of collusion, which is one pre-requisite for factoring fraud.

Many types of fraud are only possible if collusion between parties exists. In the Ravelle case, the collusion between the directors enabled the company to create fresh air invoices and more importantly partake in circular trading, the point of which is to create a complex set of trading requirements which allow a systematic deception of the factoring company. The schemes that keep companies running could not have been implemented without the continued input of the parties at Ravelle, and one of the Directors was a qualified accountant.

He adds: In the current economic climate the temptation for directors to cross the line and partake in Factoring fraud is greater owing to the constraints on cash flow. Any fraudulent activity is bound to leave a trail of evidence that will soon be detected, and our specialist fraud lawyers are skilled in finding such discrepancies. The fraud will eventually be detected, no matter how small.

Challinors has offices in Birmingham city centre, Edgbaston, West Bromwich and Nottingham. The firm has 23 partners and over 100 fee earners, and is ranked as one of the top legal firms in the West Midlands, being Number 1 in the Chambers UK Directory in a number of categories. For more information visit: www.challinors.co.uk.

Shaw Capital Management and Financing offer funding for a wide range of industries and flexible funding requirements that most businesses can easily qualify for.

You Need A Good Law Outline So You Can Memorize The Law

A good law outline is a necessity in order for you to internalize the law. Law outlines are the sine qua non to a full understanding of the law and the process of making a custom outline will dramatically aid in the memorization of the law. Those students who have and know how to use a good law outline will do significantly better than a student without a good law outline.

Not all the law you need to know is discussed or reviewed in class. Thus, good law outlines introduce you to that law and ensure that it is part of your exam writing preparation and memorization.

The main purpose of class is to teach you the application of the law. Law classes are very similar to a chemistry lab. The cases are the experiments. The students and the professor apply rules of law to the facts presented and discuss the results to help the student achieve the ability to apply law to facts. You are expected to have already studied the applicable law and know it dead cold. You are in class to learn how to apply the law. You are not there to do a comprehensive review of the law on a particular subject. Thus relying on class discussions alone to create a good law outline is a serious mistake.

You can purchase a law outline from a good commercial publisher. You have to learn the law but you don’t need to reinvent the wheel. A good law outline or hornbook will help you learn the law.

Hornbooks are without a doubt the way to go but do you really have 26 hours in a day to take the time to learn the law by reinventing the wheel? With 1000’s of pages and convoluted legal talk, you just don’t have the time to become an “expert.” Further, most of the idiomatic concepts presented in hornbooks are presented for academics and not for the naive law student who is just learning them and needs these concepts explained in more absolute terms of black and white instead of massive shades of gray.

Good law outlines circumvent the difficulties in learning the law from hornbooks. A law outline will explain idiomatic concepts in easy to understand language. Such a law outline will also relate these explanations to the legalese used by professors and lawyers to present the terms. It is all about saving time, which is at a serious premium for a 1L law student. You need to learn and grasp concepts quickly with the least amount of confusion.

You need to memorize the law. Hornbooks are very useful in helping you with areas of the law that present special problems for you, but they are useless as a tool for memorizing the law. A good law outline can be of enormous help in memorizing the law and in learning the application of the law. Some are formatted to allow you to memorize the information efficiently.

A Law Outline makes Memorizing the Law Less Difficult.

Choosing a good law outline is a personal process that depends on how you respond to memorization and how you learn things. Objective rules do apply even if you learn by hearing or sight or by example. Selecting a law outline to impress the professor with your class participation is a complete waste of time. Grades in law school do not depend on class participation. Impress the professor with your exam work product and not by sucking up during class. A law outline deals with all the law you need to memorize and not with the nuances of idiomatic applications of the law. Get your priorities in order and if you absolutely need to be the class king or queen by all means good luck.

The self-professed legal geniuses and experts tell you to create a law outline from scratch and solely from class discussion. Classes only go over 60% of the law. Plus do you really think that reinventing the wheel is a good idea? Would it not be better to quickly modify a commercial law outline and immediately start to memorize and learn the law for exam writing?

Perhaps, what the professors and other law students really mean to say is get a law outline that you can easily customize to cover the extra areas that your professor fails to cover.

A good law outline covers all the law and is not 800 pages.

Only the best useful law outlines ensure that they cover all the law in hornbooks and equate their lay explanation of the law with complex idiomatic terms. These outlines give you a basic format that is good or easily modified for memorization and make it easy to customize their work product for your class.

Most important is to get a law outline that is on computer so you don’t have to waste a lot of time retyping or adding information. A custom law outline is the goal but you really want to spend most of your time memorizing the law outline and not in creating the law outline. So modification of a digital law outline to a custom one is the way to save the most time.

Once you have decided on a law outline it is best to customize the information in a format that you like and is easy for you to memorize.

Choosing the right immigration asylum lawyer

When you ask for asylum in the United States of America, you must have a very good reason for doing so. Immigration asylum is generally given to people that have been oppressed by the governments of their own countries, as a result of several reasons ranging from skin colour, sexual orientation, and race to political differences, different views and ideas, and even speaking your mind and standing up for what is right. However, asking for asylum is not enough to get you in the clear. You have to convince the US government that you deserve it, and that you really are persecuted by your government. This is where an immigration asylum lawyer comes handy. That is not easy, and can be quite daunting and difficult if done alone. You don’t have any experience practicing law in the United States, and you certainly don’t know the entire constitution and immigration legislations, not to mention the fact that you might not even be able to speak the language correctly, let alone compile a case and build a strong defence around it. The best chance you have is with an immigration asylum lawyer

by your side. And while you’re at it, why not pick the best one? Picking the best one is a hard thing to do, because each and every one of them will advertise themselves as much as they can as being the best asylum immigration So what you have to do is look beyond the advertising and look at how they actually present themselves. Look at the immigration asylum lawyer’s past work, look at how they express themselves, and look for their confidence in your case. If you feel that a certain immigration asylum lawyer is confident, you will feel confident around them and you will know that together you will have higher chances of success. After you make up your mind, and you chose your immigration asylum lawyer, you have to work with him/her on your case. You have to build a case together, build a solid defences together, compile evidence together, and do everything that is in your power to iron out all the kinks and creases before you go to your interview or court hearing.

Los Angeles Personal Injury Attorneys

Have you experienced a personal injury due to a recent accident? If so, you may have already learned that it is nearly impossible to settle a claim in Los Angeles without the help of a personal injury lawyer.

Accidents can be so traumatic that people often fail to make the right decisions to ensure that they will be fairly compensated for their losses. A good personal injury lawyer can be your best advocate. His or her knowledge, training and experience can increase your chance for a fair and just resolution of your case.

When we refer to “personal injury” we are talking about any loss or injury caused by an accident, including automobile or workplace accidents. If the accident is the fault of someone else, you are legally entitled to receive fair and just compensation for your losses.

Everyone with a substantial injury claim should seek the professional assistance of a personal injury lawyer. A Personal Injury Lawyer has an understanding of the legal rules and procedures that govern accident and insurance claims. With this knowledge, a personal injury lawyer can build your case. The lawyer’s careful preparation and presentation of your claim increases the odds that your claim will be settled for a fair and reasonable sum of money.

If you or anyone you know has experienced an accident or been damaged in some manner physically or emotionally through the wrongful act of another, seek professional assistance from www.geklaw.com. Backed by more than three decades of experience, GEKLAW features a roster of qualified and experienced lawyers. Our goal is to serve our clients with honor, integrity and enthusiasm in order to achieve a fair and just resolution of their injury claim.

GEKLAW handles a wide variety of major injury and damage cases, including automobile accidents, brain or spinal injury, burn injuries, bicycle accidents, construction accidents, unsafe premises, wrongful death, defective products, toxic substances, general negligence, employment wrongs and medical malpractice. For more information, visit geklaw.com.

Alex is a well-known author who writes on topics related toPersonal Injury Lawyer, Los Angeles Personal Injury Attorney, Personal Injury Attorneys Los Angeles for the site www.geklaw.com.

Why You Should Hire A Business Lawyer Salt Lake City Facilitates

If you are a business owner, a business lawyer Salt Lake City facilitates is one of the best investments you can make. A litigation attorney can help you prepare the necessary documentation for lawsuits and other arbitrary matters. A lawsuit can happen if there is a customer or professional that makes a claim against your company.

When a party has a dispute with a company that cannot be solved by negotiations or arbitration, a lawsuit could happen. For this purpose, a litigation attorney’s services are paramount. A litigation attorney may act as a representative during government investigations, international disputes, complex contracts, professional relationships, torts, financial forensics, class actions, and so forth.

If your establishment has any complex arrangements, you need quality service counsel. Financial tragedies can be avoided and your complex arrangements can be effectively managed. Your advocate can resolve any difficult situation through arbitration or mediation. If your advocate has enough experience, he can help you navigate and explore the complex languages of administrative law.

Your government may require your establishment to act within the regulations and guidelines they set forth. If you do not follow the administrative obligations, you might find yourself paying steep fines. Your government’s administrative laws can be complex to understand and difficult to navigate. If you run a real estate company, you probably need a litigation advocate.

If real estate is the nature of your business, a law counsel can facilitate safe transactions of deeds or titles between you and the buyer. If a malicious lawsuit or a personal injury claim is made against your company, effective law counsel can help soften adverse legal actions or even get the case dropped against you. You will be better served if you hire a law counselor that resides in the state that you operate in, because administrative laws differ between states.

A legal counselor can help you protect your company assets as well as your personal. Whether you run a large establishment or a small one, a law counselor can help you. The quality of your attorneys depends on the firm that he is associated with and his experience. Their job is to help you abide by the local laws.

Litigation is not the only reason an establishment needs law counsel. When an establishment is being sued, some say that it is already a moment too late. Many companies common neglect law counsel until they are under pressure when the sheriff is knocking on the door with a legal summons. The most effective time to hire a law counsel is before any lawsuits or fines occur.

Once an establishment has been served with a court summons and a complaint, the problem has already festered too long. Quality law counsel can ensure that the court summons never reaches an establishment’s door. When an establishment is served with a court order, it then becomes just a matter of attorney fees, settlements, court costs, and other unnecessary expenses.

Whether an establishment needs a large or small firm, a business lawyer Salt Lake City has will be able to help. Typically, the larger a firm is, the better service they provide, but they cost more. This does not mean that a single law counsel would not be as effective with fewer costs.

Genuine Opulentus Complaints Are Welcomed And Handled By Our Immigration Experts

Opulentus Overseas Careers is expertise in clearing visas to countries like USA and UK, Denmark, Canada, New Zealand. The company provides best services to its clients and makes the whole process of immigration easy for them. This excellence in providing services has made it “World”s No 1 “Super” Visa Specialist.”
The company follows a fraud protection policy to keep all the information about clients confidential and ensure safety in online transactions. Client information is provided only to government agencies involved in immigration process and in case some information is required to be disclosed to an outsider, the same is done only after the consent of the client.

Opulentus provides numerous other services to clients and ensures the clients are fully satisfied. Innovative ways of providing varied services are followed from time to time to boost trust and confidence of clients in the company. But still at times the customers have some issues and concerns during the process of immigration. Such Opulentus Complaints are addressed by a team of experts who check the root cause of the problem, search the best possible solution and implement the solution to provide results to customers.

All genuine Opulentus Complaints are timely and diligently catered. But in case the complaint is about a situation which has occurred due to client”s own negligence or mistake then Opulentus is not responsible to take any action. Non submission or submission of fake documents by client, absence of client for the visa interview, non compliance with the requirements of health check up are some of the cases in which visa is rejected due to client”s own negligence. Onus of such Opulentus Complaints does not lie on the company. But all genuine Opulentus Complaints are welcomed.

Opulentus makes sure all its clients get the best services and are able to make their dreams come true. But appropriate assistance from the clients is required to complete the whole process of immigration. They should be proactive and take ready initiatives to assist the counselor in carrying on the process of immigration. All the required documents and details shall be timely provided as and when asked and in pre defined formats. Also the clients should have faith in the company and give proper time to counselor to work efficiently. They shall not fall in the trap of fraudulent Opulentus Complaints circulated by people to bring bad name to the company. Taking care of such minute but important points can help an individual sail through the immigration process smoothly. Remember that an immigration process can only be a success if the clients work hand in hand with the company.

Know more about our success stories and Opulentus Reviews at Testimonials sections of our website. Our success stories & reviews from the clients will tell you what we are.

Download Wii Games Legally – Possible

Nintendo Wii has become popular in the gaming industry and is a breed of console games. The only problem with the Wii games is that they are very costly.
**To Download Wii Games Legally, visit the site in the resource box under this article

As a matter of fact the Wii gaming enthusiasts had now taken a sigh of relief after they have come to know that they can get the Wii games for a very low price and that the games that they get are legal and are of good quality. How is it possible? It is no doubt possible by one simple method and that is that you need to download Wii games legally!

Is it a smart choice? Of course yes! You can get huge collection of games at a cost which is negligible and is actually less than the price of an original single unit game. This means that in the long run you can save a lot of money if you download Wii games legally. You must be wondering about the word legally!

It means that there are hundreds of sites which offer you the downloading of the various Wii game and normally claim to give out those games for free. This is true that you can download the games for free. But there are some associated problems as well! These problems are really dramatic and can cause you to spend more money in the long run. The main threat is that of the virus and the other malicious software, which can not only harm your computer but also your gaming console. The next important thing to consider is the quality of the files.

The free sites will mostly give corrupted and bad files which cannot be fixed. The most important threat is that the files can be illegal and they can breach the copyright laws. This can actually manage to get you in serious legal troubles.
So, it is better to download Wii games legally.

This can be done by downloading from the sites which are charging you some fees (nearly $50 or so) for a life time access to the unlimited collection of Wii games. All the files uploaded in the site are legal and none of them breach the copyright law. This means that you do not face any legal issues just because you want to play games!

Download Wii games legally and enjoy the games. For further information, you can visit the following site (in the resource box).

Things not to do when selecting immigration attorney

Thousands of individuals will obtain a greatly-desired permission or visa to stay and work in the USA, but millions more will not. In most of the cases, the difference between a -acceptance- and a -deny- lies not in the facts of your application, but in how expertly and smartly you work throughout the entire immigration process. They secret to win entry to the USA is, find an immigration law expert who very well how to do it.

No matter whether you are hiring a deportation layer, employment lawyer or business immigration attorney, the question that is how to find the best for your case from the crowd of immigration lawyers who are promising to provide their best services? There is no exact formula to address this question. But, avoiding some common mistakes (that we will discuss in the next section of this document), you can find the best legal representative for your case.

Don’t choose a legal representative who doesn’t have enough experience to work in law field: The most important thing to consider when selecting immigration attorney for your case is his/ her experience of working in immigration stream. If you want your case to be represented in best way, your potential attorney must have appropriate skills and knowledge which can only be attained through real world experience. -In-depth- learning of the complicated immigration ropes takes at least five years of work in this field. So, hire a lawyer who has more than five years of experience of flying his/her services in immigration stream.

Don’t choose a lawyer who does not have specialization in immigration law: United States Citizenship and Immigration Services usually make changes in the existing rules or also announce new rules to be followed to obtain visa. Attorneys who along with immigration law also practice in other streams of law may be deprived of current knowledge of immigration law. You need a lawyer who is informed with these changes in the immigration rules and other related things so that your visa request is not rejected just because of your attorneys’ lack of knowledge.

Don’t make selection of your lawyer depending upon the size of his/her fees: Low or high charges by a lawyer is not enough to get the clue of the ability of your potential legal expert. Because, sometime a lawyer with less experience offer low charges and present you the expected results. Also, some charges starts with low but become higher if your legal representative increase the total charges by adding extra charges as the case advances.

Finally, one can make an informed choice of immigration lawyers in NY, by learning and keeping in mind various kinds of mistakes that a person usually made during selection of a legal expert.

Defending ‘no Win No Fee’ Legal Arrangements

Earlier this month, the Telegraph reported on the unusual story of an Essex taxi driver who is facing prosecution for apparently falsely claiming that an accident forced him to retire.

Michael Seabrook alleged that an accident that took place in April 2006 rendered him unable to return to work, and claimed GBP52,000 in compensation for lost earnings.

However, the insurer who Mr Seabrooke was claiming his injury compensation from, Aviva, smelt a rat and instructed private detectives to track Mr Seabrook’s movements, suspecting that he was still working. They were right.

Footage obtained between 2008 and 2009 clearly showed the claimant still driving his taxi. On the strength of this, Mr Seabrook’s claim plummeted to only GBP500 and he also suffered the further blow of being ordered to pay GBP3000 in legal costs, which meant he incurred a net loss of GBP2500.

Mr Seabrook, understandably, disputes Aviva’s claims but now has the further ignominy of facing possible prosecution and imprisonment for insurance fraud. His lawyer argues that he’s suffered enough, both in terms of the legal costs ruling and his ill health (although he can still work, the accident apparently did have some effect upon him).

Aviva’s solicitor, John Lezemore, said his client was taking the action against Mr Seabrook to act as a ‘deterrent’ against other fraudulent actions and criticised the culture of ‘no win no fee’ claims:

“The advent of accident management companies and no win no fee lawyers means that all fraudsters need to invest in their fraud is a day of their time at trial, if the case goes that far.”

This is a fair summation of what most commentators have to say about the no win no fee or Conditional Fee Arrangement (CFA) which, as I have mentioned in a previous article, was launched in 1995 by the Conservative government to replace legal aid for certain kinds of litigation: personal injury claims and libel cases among others.

‘No win no fee’ seems to be some sort of pariah in common parlance: to most people it conjures up images of seedy, greasy conmen enticing chancers to make a claim for something that hasn’t really happened.

As a spokesman, of sorts, for the industry, I find that generalisation a little too, well, generalised. There are two issues here: firstly, any system, as I have argued before, is susceptible to abuse and we shouldn’t let newsworthy opportunists like Mr Seabrook tar everyone using the system with the same brush.

There are plenty of people out there who have been genuinely very badly hurt as the innocent victims of accidents and there needs to be an area of the law in place to ensure that they have access to justice and compensation if needs be.

The motorcyclist from Wiltshire chopped up by a van driver who wasn’t looking where he was going, who has to guzzle morphine just to stave away the pains from his broken back, pelvis and hips, and who can barely help look after his children, surely couldn’t be labelled a ‘money grabber’ or a fraudster.

Claims management companies are expressly forbidden under UK law and Ministry of Justice guidelines from canvassing or indulging in what are often so gleefully called ‘ambulance chasing’ tactics. They exist to hold out a comforting hand to ordinary accident victims, perhaps naive in the ways of legal procedures, to claim money to rebuild their lives in as simple a way as possible.

If a victim is offered such a service by a pencil-moustached gent in a pinstripe suit, he’s probably a bit of a Del Boy and is unlikely to be operating either within the law, or with his client’s best interest in mind.

Most accident victims would rather have their lives back to the way they were. Money can never wholly, truly, compensate for a debilitating injury, but it can help to iron out the further stress of not being able to pay the mortgage because they can no longer stand up unassisted.

Secondly, ‘no win no fee’ was brought in to provide a more even service for claimants. Back when legal aid was the route to personal injury litigation for lower-income claimants, the solicitor knew he was going to get paid regardless, so he would often take on a case he knew he was unlikely to win, giving his unwitting client the false impression that he was on to a sure-fire success while he was at it.

With CFAs this doesn’t happen: if the solicitor loses, he has to write off his fees. This way, lawyers these days tend to be that little bit more honest about the projected outcome of their case.

Sure, no win no fee may be flawed, and there are going to be those members of society who will always try to take a short-cut through it to get an easy buck, but it has a valuable place in Britain, for the time being.

What Is Criminal Law And How Should You Select A Criminal Lawyer

What is Criminal Law Exactly in Colorado?

Each and every breaking of law is composed of criminal characteristics. Capital penalty may be levied in some legal powers for the most substantial crimes. Genuine physical or corporal concerns may very well be imposed comprising beating or punishing. Though, these consequences are not permitted much of the world. Individuals might well be imprisoned in prison or correctional centers in many components as per the legal system. Detention might be aloof. The duration of prison time may vary up to great extent from a day to life.

The national government administration has a right to execute even a house arrest, while offenders usually have to adapt with particular specifications during a bail or trial regimen. Tickets can also be forced, seizing money or house from the person convicted of a crime.

In Defense Law, the suit is initiated by the prosecutor through the state regime or government in place of being started by the victim. Petitioners in a civil law suit just have to show by a blend of the proof that a suspect is 51% and up in charge answerable for the damage. Yet, the prosecuting attorney in a defense law case has to prove in front of the jury “beyond the shadow of a doubt” that how a suspect is guilty of the crime indicted.

Criminal defense lawyers should be graduate scholars of an American Bar Association qualified law university and should also have cleared the test of California. After clearing the bar exam they join the law firm to learn how exactly deal the cases in both state and federal courts.

How to Choose a Right Denver Criminal Defense attorney?

When selecting a criminal defense lawyer, it is also important to see their knowledge and understanding about your case. It is always good to have a professional on your side that knows how to defend you from the charges or you have to face serious consequences like imprisonment or may be more. A professional criminal case lawyer fights against the suit effectively with the experience he got from past cases. So always check their experience in dealing with the cases like your case. Choosing a lawyer who is familiar with your community as well as the kind of case can also encourage you to believe that you are in safe hands.

It is really difficult time when you experience charges of some criminal offense. Being a suspect can be a very tough experience, during this time finding a good lawyer could be really a great help for any accused. He can also assist you with taking adequate steps toward freedom from legal distresses. Keeping this feature in deliberation can offer great help.