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JUL
19

IPCC Success for Nick Wragg and Lewis Nedas

Nick Wragg recently represented a professional gentleman aged sixty years with no previous convictions.

The police investigation was flawed in a number of respects, which caused the client a great deal of stress and anxiety. The Crown Prosecution Service was eventually forced to discontinue the case, but the client was deeply hurt by how he had been treated. Nick assisted the client in making a detailed complaint to Sussex Police pointing out a number of significant concerns as to the conduct of the investigation. The matter was investigated by the Police and a report was sent to the client. The client was so horrified at the report that he immediately set about complaining to the IPCC with Nick’s assistance.

After a long investigation, the IPCC recently upheld the client’s appeal in respect to all allegations made, namely: his unlawful arrest, the inadequate investigation, failures in relation to identification actions and procedures, and substandard police treatment.

Both the client and Nick are delighted that their efforts have been vindicated and that Sussex Police must now investigate the allegations properly.

 

 

 

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1827 Hits
JUL
17

Stunning Lewis Nedas Success in Drugs Prosecution

Penny Muir was instructed in a case in which there was an allegation of importation of a large quantity of the Class A drug crystal methylamphetamine. This was transported into the country by a third party from Iran, who subsequently tragically died when a lethal quantity of the drug, which had been carried in condoms and swallowed by him, burst and therefore entered his body.

The prosecution alleged that Penny Muir’s client was the organiser of this drug’s importation into the UK, and, if he had been convicted, there is no doubt that the sentencing judge would have regarded the death of the third party as an aggravating feature, and a lengthy sentence would have been imposed. However, after a five-day trial, Penny Muir’s client was acquitted unanimously by the jury at the Isleworth Crown Court.

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  2047 Hits
2047 Hits
JUL
16

Major Success in SFO Prosecution (Kaupthing Bank)

Lewis Nedas fraud specialist Keith Wood represented Gudni Adalsteinsson the former Treasurer of the Kaupthing Bank. In a recent development the SFO, in response to points raised by Keith, have confirmed that they now no longer regard Mr Adalsteinsson as a suspect in this case and have released him from the investigation.

Mr Adalsteinsson was detained in March 2011 as a part of the SFO’s highly publicised investigation into the lending billionaire entrepreneurs Vincent and Robert Tchenguiz. Keith has been advising Mr Adalsteinsson throughout the investigation.

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  1647 Hits
1647 Hits
JUL
16

Can Cash Still Be King? – by Siobhain Egan

Individuals and businesses alike are feeling the aftershocks of recent banking and money laundering scandals. Their banks are suddenly becoming hyper-vigilant and are choosing to close their accounts with limited notice periods because they believe that their customers are now operating at unacceptable risk levels.

Mr and Mrs Shah (Shah v HSBC) found, to their enormous financial cost, the consequences of having a SAR made against them by their bank.

New money laundering regulations are due to be enforced; the National Crime Agency has pledged to make money laundering offences their priority when they launch in 2013. Increasingly, aggressive regulators and prosecuting authorities are working together with the major financial institutions.

Suppose you found yourself in the position of making a SAR concerning a client or customer. Would you also be open to civil action for any loss that they sustained because of your decision to report them?

So, how do you protect yourself and your business?

You will need to be fully compliant with ALL financial crime regulation including fraud, market abuse, tax offences, bribery and corruption. It is imperative that you have specific systems and procedures in place that are tailored to your business; systems which are detailed, transparent and show a clear audit trial supporting your decision to make a SAR (or not), for example.

It certainly will not be enough to download an “off the peg” AML compliance programme or to seek advice from your company lawyer or audit accountant.

It is not sufficient to assure yourself that you recognise the following abbreviations: PEP, SAR, AML, MLRO or KYC.

If you deal with other jurisdictions, are you aware of their individual money laundering regulations?

You will need independent advice and help from specialist solicitors and forensic accountants who are up to date with all policy changes in this area, who can assist you if you suspect a financial crime has been committed and who is au fait with the rapid changes in fraudulent/criminal behaviour.

We have been defending serious financial crime allegations for over thirty years and, working alongside the very best forensic accountants, can advise on all the necessary regulatory systems to protect you and your business: compliance advice from a firm that has thirty years experience of dealing with regulators and prosecutors alike.

As for cash... it has relinquished its throne some time ago!

If you require any advice please contact Jeffrey Lewis or Siobhain Egan.

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  1865 Hits
1865 Hits
JUL
16

Lewis Nedas Law Instructed to Advise and Represent Clients Facing FSA

We have been instructed by three individuals facing separate matters involving the FSA in the last two weeks.

Contact Jeffrey Lewis or Siobhain Egan.

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  1554 Hits
1554 Hits

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