Glaisyers ETL has acquired a minority stake in a firm that specialises in crypto fraud.
Wealth Recovery Services (WRS) was established last year by solicitor Josh Chinn and operations director Richard Irving in a bid to trace and recover money lost to crypto schemes.
Bar Standards Board-regulated WRS traces does this by using software deployed by the FBI.
In its first year of trading, the seven-strong team recovered more than £2 million on behalf of individuals who had lost money as a result of negligent or fraudulent investment schemes.
Jones said, ‘In a short time WRS have established themselves as the leading firm in their field, and I am really excited to welcome them into the Glaisyers.”
The deal value was not disclosed.