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Getting serious about fraud

08 December 2023 / David Corker
Issue: 8052 / Categories: Opinion , Fraud
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The fraud review & a starter for ten…David Corker provides Jonathan Fisher KC with some useful pointers

How can complex frauds be prosecuted more effectively? This is the essential question that the Lord Chancellor has instructed Jonathan Fisher KC to answer within 18 months. This is a moment for blue-sky thinking. Mr Fisher is not impeded by limited terms of reference. He has been granted the opportunity to explore different and unconventional approaches to tackling the problems that have beset prosecutions undertaken by the Serious Fraud Office (SFO) for many years.

Coincident with this potential for a burst of creativity the Bankman-Fried trial finished in New York. Nearly a year to the day after his FTX crypto empire collapsed, Bankman-Fried’s fate was sealed by a jury after a high-profile 18-day trial. This was a fraud prosecution of an individual that was mired in complexity. It appeared to observe due process norms. Yet, despite those conditions, by the standards of the SFO it moved at lightning speed. Understanding how that feat was accomplished

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MOVERS & SHAKERS

DWF—19 appointments

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

NEWS
Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
Artificial intelligence may be revolutionising the law, but its misuse could wreck cases and careers, warns Clare Arthurs of Penningtons Manches Cooper in this week's NLJ
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Writing in NLJ this week, Victoria Rylatt and Robyn Laye of Anthony Gold Solicitors examine recent international relocation cases where allegations of domestic abuse shaped outcomes
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