Fraud & Money Laundering

Our prominence in the field of corporate and financial crime has developed from our impressive foundations in fraud and money laundering; our continued involvement in the most important cases of the day set us apart from our competitors.

Overview

QEB Hollis Whiteman has an established reputation as a leading set for fraud. It is ranked Tier 1 in Fraud by the Legal 500, as well as Tier 1 in Financial Crime by Chambers UK. Its members are consistently ranked as leaders in these fields.

Counsel regularly defend in high-profile cases and undertake work on behalf of the prosecuting and regulatory authorities. Many members of Chambers have been appointed to the SFO’s list of Panel Counsel, many are regularly instructed by the FCA, as well as for companies and individuals working in the financial services industry.

Members advise and represent individuals and corporate clients at every stage of the criminal process including: the provision of advice at the investigation or pre-charge stages (often resulting in the avoidance of criminal proceedings altogether); the provision of advice and advocacy before every court; and the provision of advice and advocacy in ancillary proceedings including restraint, confiscation and directors’ disqualification.

Chambers has broad experience of dealing with cases with international or cross-jurisdictional complexities.

Our Experience

QEB Hollis Whiteman has long been at the forefront of this area of law; our involvement in the most notable cases in legal history as well as of the present-day has placed us at the very top of the field.

Members have acted in many of the most significant fraud cases of recent years, for example: in Operation Amazon we defended a company director and chief executive officer in an alleged tax cheat worth more than £100m; in SFO – v – Barclays we have been advising both the SFO and suspects since before charge in the probe into alleged fraud arising from the bank’s capital raising from Qatar in the financial crisis; in the SFO’s Euribor and LIBOR investigations we have acted and continue to act for individuals and corporates, at trial we have secured acquittals for all the defendants we have acted for; we have successfully prosecuted the FCA’s largest ever market abuse case in Operation Tabernula; in Operation Cotton, we secured convictions of eight defendants in one of the FCA’s largest ever prosecutions for conspiracy to defraud, involving 110 investors losing more than £4.3m; and in R – v – Ketan Somaia we successfully conducted the largest ever private prosecution, concerning a systematic series of frauds to a value of $19.5m.

Our team also has vast experience of advising, prosecuting and defending money laundering at all levels of seniority and the court system, invariably across various jurisdictions.  Our defence work in this area has led to great successes, including instances where cases have been dropped upon our involvement and the assertion of powerful arguments in favour of our client’s acquittal.  Our experience prosecuting in the field has seen us sought out by specialised units to progress matters from investigation stage through to trial in the most effective way; a silk and a junior from within the team have recently been engaged by the FCA to strategize and lead a complex operation from pre-charge, advising on how to proceed under the new AML regulations.

 

Recent Cases

SFO v JS & Others (2018)

Jocelyn Ledward is instructed as Junior Counsel representing the former Commercial Director...

FCA v A Global Bank (2018)

Lucy Kennedy is currently providing direction to an FCA team, they are presently conducting a...

R v Moore and others (2017)

Polly Dyer was instructed by the FCA as part of the prosecution team which secured the conviction...

Operation Amazon (2017)

Sean Larkin QC and Jocelyn Ledward successfully represented the former Chief Executive Officer...

R v B (2017 - 2018)

Peter Finnigan QC leading Lucy Kennedy are currently instructed to represent the former CEO...

R v A Southwark Crown Court (2017)

£12.5m fraud allegation against the head of a Russian oligarch’s private...

News

Successful defence of COO accused of money laundering

Rhys Meggy successfully defended F, the Chief Operating Officer of a leading international betting...

Rhys Meggy appears at the Court of Appeal in tax evasion

Rhys Meggy barrister at QEB Hollis Whiteman represented DC, a renovator of luxury properties, in...

Articles

Italian VAT fraud case sparks debate and divided opinion (MAS and MB (Taricco II))

Corporate Crime analysis: Discussing the Court of Justice’s judgment in MAS and MB (Taricco II), Kathryn Hughes says that by failing to address significant issues, the court has merely fuelled the ongoing debate about the primacy of EU law vis à...

French Court authorises first-ever French deferred prosecution agreement

Corporate Crime analysis: Kathryn Hughes takes a closer look at the circumstances surrounding the first French deferred prosecution agreement (DPA) and considers how the French DPA process compares with that of the UK. This article was first published on...

Sentencing for offences of cheating the revenue (R v Michael Richards and others)

Corporate Crime analysis: Sean Larkin QC points out that, following the financial crisis, there has been a greater appetite to prosecute financial crimes, and R v Richards is an example of the range of sentences in cases of cheat in the current sentencing...