Fraud & White Collar Crime

Do trusts have a future in the context of the 4th AML Directive?

It is an undisputed fact that money laundering is a major hindrance to a stable EU market. Money laundering distorts economies by allowing the corrupt to legitimise the illegal. It has unfortunately become increasingly common to witness the world’s most corrupt to launder their funds derived from illicit sources into financial centres. The Fourth EU… Read More

Offshore Roadblocks in Investor Claw Back Claims

“It is inherent in a Ponzi scheme that those clients who withdraw their funds before the scheme collapses escape without loss, and the loss falls on clients whose funds are still invested when the scheme fails” Introduction/Summary This statement is taken from the Press Summary issued by the Judicial Committee of the Privy Council, the… Read More

Small Business Owners Are Not Immune To Fraud

Because the media focuses on the fraudulent activity that hits larger-scale companies, it is a common misconception that such activity doesn’t occur in small or family-run businesses. The dirty little secret is that small businesses are just as vulnerable as large corporations – and sometimes, even more so. In fact, small and medium-sized businesses make… Read More

In Major Ruling, Appeals Court Sharply Narrows Reach Of Insider Trading Law

On December 10, 2014, the U.S. Court of Appeals for the Second Circuit reversed insider trading convictions against two former hedge fund managers, and in the process sharply limited two key doctrines underpinning many recent SEC and Department of Justice insider trading cases. U.S. v. Newman and Chiasson (Nos. 13-1837-cr , Dec. 10, 2014). At… Read More

Twitter Files Suit Against The U.S.: How It Relates To Corporate Data Privacy

On October 7, 2014, Twitter, Inc. filed a lawsuit in the U.S. District Court for the Northern District of California seeking permission to publicly disclose details about legal requests from the U.S. government regarding its customers. Twitter, Inc. v. Holder, Case No. 14-cv-4480 (N.D. Ca. Oct. 7, 2014). Twitter is seeking declaratory relief in order… Read More

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