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 sets 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 Serious Fraud Office's (SFO) list of Panel Counsel, many are regularly instructed by the Financial Conduct Authority (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 involving 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, securing, at Trial, 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 US$19.5m.

Our team also has vast experience of advising, prosecuting and defending Money Laundering at all levels of seniority and all levels of the Court system, 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 strategise and lead a complex operation from pre-charge, advising on how to proceed under the new Anti-Money Laundering (AML) regulations.

 

Recent Cases

The SFO offered no evidence and accepted liability for defence costs today in the trial against ex-Serco executives. Adrian Darbishire QC, Tom Doble and Zara Brawley were for Simon Marshall and Karen Robinson and Katherine Lloyd were for Nicholas Woods.

The SFO offered no evidence and accepted liability for defence costs today in the trial...

R v OH (2021)

Philip was instructed to defend an employee of a large multinational corporation charged with...

News

Jocelyn Ledward Appointed as a Recorder

QEB Hollis Whiteman is pleased to announce that the Queen has appointed Jocelyn...

Jocelyn Ledward Appointed as Senior Treasury Counsel

We have great pleasure in announcing that the Attorney General has today appointed Jocelyn...

Julian Evans to be appointed Queen's Counsel

We are delighted to announce that the Queen has approved the Lord Chancellor’s...

Articles

William Boyce QC represents MOL Group who were awarded $235 million in damages in ICSID Arbitration

5 th of July 2022, Washington DC  The Republic of Croatia has lost an international arbitration case launched by MOL, the Hungarian national oil and gas company over Zagreb's failure to adhere to obligations under an agreement concerning the gas...

Ari Alibhai Presents a Webinar on the Landmark Private Prosecution Case: Supremacy

On 30 November 2021, Stephen Millington was sentenced to a total of 30 months’ imprisonment following his guilty plea to a number of fraud and copyright offences relating to his creation and supply of software and add-ons which enabled thousands of his...

"A Trojan Horse? The FCA's Proposals on Reforming the RDC" by Jason Mansell

Jason Mansell is a barrister specialising in FCA litigation.  He has advised firms and individuals in relation to more than 100 FCA enforcement investigations and associated proceedings in the RDC, Upper Tribunal and High Court.  In this...

William Boyce QC speaks about Private Prosecutions on RPC's 'Taxing Matters' podcast

William Boyce QC speaks about Private Prosecutions on RPC's 'Taxing Matters' podcast William Boyce QC was invited by RPC to be their guest speaker in the latest (19 Feb. 2021) episode of their regular ’Taxing Matters’ podcast. ...

The not so long arm of the law - the Supreme Court's decision in R (on the application of KBR, Inc) v Serious Fraud Office [2021] UKSC 2

A Briefing Note by Jason Mansell and Kathryn Hughes . In a long-awaited judgment, the Supreme Court has unanimously rejected the Serious Fraud Office’s (“ SFO ”) claim that its powers under s.2(3) of the Criminal Justice Act 1987...

The Lawyer & Deripaska v Chernukhin: William Boyce QC and Karen Robinson write about their recent experience of a private prosecution for Briefings in The Lawyer

William Boyce QC and Karen Robinson have written in The Lawyer about their recent experience of private prosecution in the case of  Deripaska v Chernukhin and R (on the application of Deripaska) v DPP [2020]. Bill and Karen consider the...

10th Mar 2021

A Podcast: The Mechanics, Advantages and Potential Pitfalls of Private Prosecutions Nick Corsellis QC and Ari Alibhai , senior members of QEB’s private prosecution practice group, discuss the mechanics, advantages and potential pitfalls of private...

Confiscation During Covid

Polly Dyer co-authored an article, now featured by the Proceeds of Crime Lawyers Association. The article provides a review of confiscation judgments from the first six months of 2020.  It can be read here ....

R v Manning: Sentencing considered during the period of the pandemic

Philip Stott considers R - v -  Manning and the observations of the Lord Chief Justice on sentencing during Covid-19 A recent ‘unduly lenient’ sentencing reference to the Court of Appeal – R v Manning – provided an opportunity...

Criminal Courts: Coping with Covid-19

Edmund Smith  of  Kingsley Napley  and  Kerry Broome  of QEB Hollis Whiteman review how the administration of criminal justice has changed in the wake of the coronavirus pandemic and what this might mean for the future.  ...

R V BARTON & BOOTH [2020] EWCA CRIM 575: THE LAW ON DISHONESTY IN CRIMINAL PROCEEDINGS AND CONSPIRACY TO DEFRAUD

Sean Larkin QC  and  Polly Dyer  examine the judgment given by the Court of Appeal on 29 April 2020 in the case of  Barton & Booth  [2020] EWCA Crim 575, which confirmed the approach to dishonesty to be applied in the...

A Birds-Eye View of Recent Developments in Non-Conviction Money Laundering and Asset Recovery

In this blog  Sean Larkin QC  reflects upon whether prosecution agencies will seek to use non-conviction resolutions rather than prosecute cases, particularly cases of money laundering.  This approach takes on greater import in light of the...

Using impact statements for business in corporate and financial criminal cases

Nicholas Griffin QC and Kyan Pucks outline the benefits of corporate crime practitioners utilising ISBs in the interest of their clients. The article which was published by LexisNexis can be viewed here .   ...

High hurdle in challenging no case to answer rulings (R v Bush and Scouler)

Jocelyn Ledward considers the learning points from the case of R v Bush and Scouler, in which the Serious Fraud Office (SFO) sought, unsuccessfully, to challenge the ruling of no case to answer in the high-profile fraud trial involving the ex-Tesco Stores...

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...

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...