Depends if it turns criminal though. The trustees are not in control of that aspect. Both the insolvency service and HMRC have their own criminal investigation teams. These teams can be working on investigations at the same time as the trustees are doing their own thing.
''HMRC has similar criminal investigation powers to other UK law enforcement agencies, but the use of these powers is limited to HMRC-related offences. For example, fraudulent evasion of tax.
HMRC has powers to:
- apply for orders requiring information to be produced - production orders
- apply for and execute search warrants
- make arrests
- search suspects and premises following arrest
- recover criminal assets through the Proceeds of Crime Act 2002
As a national department HMRC operates within all 3 UK judicial systems and specific powers are appropriate to each jurisdiction.''
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She could very well be prosecuted. Forensic accountants are not sent in because someone's thought to be honest.