Stephen Spencer

ACCA

Forensic Accountant

I specialise in forensic services and have over 15 years of experience in forensic accounting, covering a range of assignments in the civil, criminal and regulatory space.

My civil experience includes preparing valuation reports for matrimonial proceedings and assisting in a variety of dispute resolution and expert witness work, notably shareholder and agency disputes (including the Lonsdale principle) for various businesses including restaurants, exhibition shows and distributors of housing insulation.

I also have experience in criminal matters including;

• A secondment to the Serious Fraud Office where I was part of a team investigating alleged violation of UN sanctions against Iraq during the UN Oil-for-Food Program;
• Fraud investigations with a case working on a multi-million pound fraud in a sub-prime mortgage lender; and
• Providing assistance on behalf of defendants in criminal proceedings and confiscation proceedings under the Proceeds of Crime Act.

My secondment to the Serious Fraud Office was an exciting assignment as I liaised with other investigating teams and police officers, attended searches at private and business premises, participated in PACE and voluntary interviews and prepared evidence bundles.

Most recently, at a UK regulator, I established and led a forensic team that provided in-house consultancy services to various teams including Licensing, Compliance, Enforcement, Policy and Legal. The services included assessing complex global ownership and funding structures, considering Ponzi schemes, valuing the financial resources of companies due to pay a large fine or penalty, checking compliance with Licensing Conditions and raising standards across the industry. My role required me to act as an expert on numerous occasions in panel hearings and in a first-tier tribunal.

Outside of work, I enjoy spending time with my family, holidays, jogging and walking the dog.

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