For Queen & Country
The funeral held for Baroness Thatcher passed by our offices in central London (picture from outside our London office)
Read more (Last updated: 17.04.2013)
Tim Harris quoted in The Independent regarding the imprisonment of Gregg Fryett in Cambodia
Tim Harris was quoted in The Independent regarding the imprisonment of our client, Gregg Fryett, in Cambodia:
Mt Fryett’s press release [here]. If you like further information about Mr Fryett and the Sustainable Growth Group of companies please contact Tim Harris: tharris@barkco.com
(Last updated: 09.04.2013)
Bark & Co Successfully Appeal HMRC Assessments on £22.7m Alleged Duty & VAT Case
Bark & Co Solicitors representing Mr Gurdip Singh Dhadwal successfully appealed assessments raised by HMRC following their allegations that he was party to an excise duty and VAT fraud totalling £22.7 million. This matter before the First-Tier Tribunal (Tax Chamber) and the High Court (Chancery and Administrative) was rejected on all of HMRC’s pleaded grounds and costs were awarded to Mr Dhadwal on an indemnity basis.
The assessments were brought under the Excise Goods (Holding, Movement, Warehousing and REDS) Regulations 1992 upon allegations that
1. Mr Dhadwal either imported the excise goods or he caused the irregularity that took the goods past the duty point without payment (long-firm fraud). OR
2. Mr Dhadwal was involved in a fraud by which payment of duty on alcoholic drinks was dishonestly evaded by the importation of those goods which were dutiable goods and which were not legitimately entered under any duty deferment regime and by which payment of VAT was evaded on their onward sale (long-firm fraud).
In the First-Tier Tribunal (Tax Chamber) HMRC’s flawed submissions centred on their belief that several computers were used to facilitate the fraud. However, through our extensive analysis of HMRC’s appointed computer expert’s submissions we successfully proved that, at the very least, he had manipulated evidence to further HMRC’s claim and was subsequently withdrawn from the proceedings upon discovery. Upon the reassessment of the computer analysis no evidence linking Mr Dhadwal to any fraudulent activity was found. The other pleaded grounds were also based on unfounded circumstantial evidence and misguided presumptions by the HMRC officer.
Before the High Court, Bark & Co successfully appealed a summary judgment against Mr Dhadwal and are currently in the process of commencing a multi-million pound damages enquires on his behalf. This was consented to due to HMRC refusal to withdraw Mr Dhadwal’s freezing order that he has been subject to for 7 years, despite the evidence used to obtain the freezing found to be manipulated and without sound basis.
(Last updated: 04.04.2013)
R v Bachu and Others – Prosecution Case Dropped
Bark & Co acted for Miss Bachu who was charged with conspiracy to supply heroin along with 12 other co-defendants following a one year long sting operation by the Bristol & Reading Police. At Bristol Crown Crown Court, following an abuse of process application made by Counsel instructed by Bark & Co Solicitors, the Prosecution were forced to amend the indictment and chose to offer no evidence against Miss Bachu.
(Last updated: 04.04.2013)
Legal Week on LIBOR
Tim Harris, together with Paul Garlick QC and David Bermingham, have had their views on LIBOR and proposed amendments to the Extradition Act 2003 published this week in Legal Week.
The article is part of a wider offering on LIBOR and Extradition. Organisations and individuals interested in discussing either of these subjects are invited to email Tim Harris on tharris@barkco.com.
The article is available here [PDF] and a press release on the services of Bark & Co, Paul Garlic and DB Strategic Consulting is here [PDF].
(Last updated: 21.03.2013)
R v Davies & Others – Client Acquitted
Mr Davies was acquitted yesterday at Bristol Crown Court of all charges against him. The prosecution had alleged that Mr Davies was the controlling mind behind a mortgage fraud conspiracy together with six other defendants. The alleged conspiracy was to obtain mortgages by the supply of false income details to financial institutions on application.
The prosecution offered no evidence because the Bark & Co defence team had exposed a number of flaws in the prosecution’s case. Through a process of persistent disclosure applications and cross-examination, the Bark & Co team had demonstrated that the income details were actually considered to be virtually irrelevant to mortgage lenders over the last decade, certainly for buy-to-let mortgages. We had exposed a culture amongst mortgage brokers and lenders of "throwing money" at applicants. We had also exposed serious concerns with the credibility of the mortgage brokers in this case.
Mr Jamas Hodivala of 2 Bedford Row was leading Counsel on the case with Ms Vedrana Pehar supporting also of 2 Bedford Row. Mrs Dina Patel was the lead Solicitor.
Bath Press Link about the collapse of the trial
(Last updated: 28.02.2013)
R v Cregan & Others
We have been instructed by one of the nine defendants in this high profile case which relates to four linked murders; those of a father and son from the Manchester area where the son is alleged to have been shot dead in a public house and a few months later his father killed in his home with the use of guns and hand grenades. Thereafter two female police officers are alleged to have been lured to an address following a bogus phone call reporting a burglary where upon their arrival at the location were killed again with the use of guns and hand grenades. The hand grenades used in the killings are said to have never before been used in this country. It is said that the murders arise from a long standing feud between rival families in the Manchester area and were said to be revenge killings. The trial continues at Preston Crown Court.
Press:
(Last updated: 26.02.2013)
Bark & Co’s Response To The Sentencing of Kweku Adoboli
Bark & Co act for Kweku Adoboli who on Tuesday 20 November 2012 was acquitted by a Southwark jury on four counts of false accounting under the Theft Act 1968 and convicted of two counts of fraud by abuse of position under the Fraud Act 2006.
Bark & Co first took over Kweku's instruction when he was remanded to HMP Wandsworth in December 2011. Having secured Mr Adoboli’s release on bail, the firm, with the able assistance of Paul Garlick QC and Charlie Sherrard QC both of Furnival Chambers, thoroughly prepared a case for trial on a tight deadline and with a substantial amount of material disclosed by UBS and the Crown close to trial.
At trial, we sought to persuade the jury that Mr Adoboli had neither acted dishonesty or with intent to personal gain when he employed a methodology by which positions and profits were held off-book. Profits were offset against future costs for the benefit of the trading desk, the bank and its clients. This is the “umbrella”. As was shown, all the desk members and various other members of staff were appraised to greater and lesser degrees of positions and profits held off book to manage the desk’s risk and profit.
The jury’s verdicts imply that they convicted Kweku on the basis that they considered that what he did was to dishonestly expose the bank to the risk of loss (one part of the multi limbed intent of fraud) when he exceeded the bank's stated risk position. The acquittals on the false accounting charges signalled that the jury could not be sure that he acted with a view to personal gain i.e. they counted that he was not driven by greed, ego or reputation when placing fictional trades and operating the umbrella but rather that he was acting for the benefit of the bank.
The sentence for fraud carries a maximum tariff of 10 years and false accounting 7 years. Typically false accounting is regarded as an easier offence for the crown to prove. Somewhat paradoxically for the jury’s application of Mr Adoboli’s actions to the indictment, the offence with the higher sentencing tariff actually proved to have a mental element with a less onerous burden of proof for the crown than the intent to the false accounting charges. This appears contradictory given the severity of the offence but also a reflection of the application of the legislative drafting of the fraud offence to the particular function of the trader, which inherently is to expose the institution he works for to a risk of loss.
Mr Adoboli hoped, amongst other things, that by bringing this matter to trial and giving evidence, rather than having his actions and the circumstances under which the losses were made swept under the carpet by way of a plea, that it would be in the public interest. Mr Adoboli’s intent when contesting the charges was never to put the institution, for whom he loved and worked tirelessly for, on trial. His aim, apart from proving his innocence, was to ensure that traders and institutions do not recreate the mistakes made by either himself or UBS that gave rise to these enormous losses. This firm considers that his trial has thrown a considerable spotlight on the practices of financial institutions: their expectations, level of oversight / supervision of junior staff and the management of risk, funding and treasury control. We therefore urge that the cause of the losses that the jury held our client culpable should be soberly reflected upon from a non-partisan standpoint.
(Last updated: 22.11.2012)
Bark & Co Represent Finance Director of Marrache & Co
Bark & Co has been engaged by Lexicon Legal in the defence of Mr Solomon Marrache, former Finance Director of Marrache & Co, in a criminal proceedings brought in Gibraltar regarding an alleged multi-million pound fraud. He is charged with conspiring with the partners of Marrache & Co - Isaac Marrache and Benjamin Marrache - and with Leanne Turnbull to defraud the clients of Marrache & Co and also Jyske Bank. Marrache & Co was one of the most prominent law firms in Gibraltar that went into liquidation in 2010 following these allegations with debts notified to liquidator of £34 million.
(Last updated: 27.10.2012)
Bark & Co Represent Mr Ian Edmondson (NOTW)
Bark & Co confirm that they are representing Mr Ian Edmondson, the former News of The World editor, following charges brought about as the result of the Metropolitan Police Service investigation “Operation Weeting”. Seven other defendants include Rebekah Brooks , Andrew Coulson, Stuart Kuttner, Greg Miskiw, Neville Thurlbeck, James Weatherup & Glenn Mulcaire, all previously associated with The News of The World.
(Last updated: 24.10.2012)
Bark & Co is Top Tier in the Legal 500 Fraud Ratings
We are proud to announce that Bark & Co has again been ranked as a top tier fraud firm in the Legal 500 industry analysis and ratings publication.
Giles Bark Jones, principal of the firm, has also been ranked again as a leading individual in the industry.
(Last updated: 24.10.2012)
Bark & Co Acting For Mr Martyn Dodgson
Bark & Co confirm that we act for Mr Martyn Dodgson further to the FSA's investigation - Operation Tabernula.
(Last updated: 01.10.2012)
Comment regarding Mr Kweku Adoboli
Bark & Co is proud to represent Mr Kweku Adoboli.
Now that Mr Adoboli has heard the Crown's opening submissions, he is keen to proceed with the evidence and ensure that his own account is put forward. Mr Adoboli expects that as a result of this, the jury will be given to consider a radically different and compelling version of both his trading and the way he was managed.
Until such time, he continues to remain truly grateful for the support he receives from family, friends and former colleagues.
(Last updated: 16.09.2012)
Trial Begins of Mr Kweku Adoboli
The trial of Mr Kweku Adoboli begins today at Southwark Crown Court. Mr Adoboli, a former trader with UBS, is alleged to have concealed trading losses at the bank. The prosecution opening is expected to last for a day and the trial is expected to last for six to eight weeks.
Read more (Last updated: 14.09.2012)
Mr Nadir Comments
Mr Nadir says that he that he is “most disappointed” by the verdicts. He maintains that he is totally innocent of all charges and will be lodging an appeal.
Mr Nadir was convicted of 10 counts of theft and acquitted of three. He was sentenced to ten years imprisonment of which he will serve five years.
Mr Nadir's Wife, Nur Nadir, issued the following statement to the press:
"My husband is a warm and a wonderful man. His business genius created a global company which brought jobs, prosperity, to tens of thousands of people around the world.
He had much more to lose by the downfall of his company than can be justified by those who carry the belief that his own motives may have supported his alleged actions.
It's important to know that Asil Nadir came from great wealth as a direct result of his and his family's working morals and ethics.
This man devoted his life to working, helping and giving to those that were around him. As a direct result of his hard work, he rightly earned a high standard of living which he himself created many years prior to Polly Peck.
The image that has been portrayed of him, as being one who solely lived off the benefits of Polly Peck, is a great prejudice to the truth. He is a man of a great character, integrity and honour, that gave in abundance to charities and worthy organisations for many years.
My husband is innocent and, having faith in the British justice legal system, we will continue with our efforts to rectify the wrongs.
I would like to thank the public for their continuous support."
Press:
(Last updated: 23.08.2012)
Jury discharged in FSA v Former iSOFT Directors
Bark & Co represent Mr Tim Whiston formerly CEO of iSOFT Group plc. After a four month trial, the jury were yesterday unable to reach a unanimous or majority verdict, on either former director, following their deliberations.
In a statement, the FSA say the following:
“In a prosecution brought by the Financial Services Authority (FSA) against three former directors of iSOFT Group Plc (iSOFT), Stephen Graham, Timothy Whiston and John Whelan the jury were unable to reach a verdict and have therefore been discharged by the Judge.
A further hearing has been scheduled for 7 September 2012 and the FSA will consider its position for a retrial.
The case was heard at Southwark Crown Court and the defendants were charged with conspiracy to make misleading statements, contrary to section 397 (1)(a) and (2) of the Financial Services and Markets Act 2000 and section 1 of the Criminal Law Act 1977.“
Giles Bark Jones, Tim Harris and Lisa McKinnon Lower acted on the case.
(Last updated: 09.08.2012)
Mr Asil Nadir Begins Giving Evidence At The Bailey
Mr Asil Nadir, the former chief executive of Polly Peck International today began to give evidence in the current trial at the Central Criminal Court (The Old Bailey). Bark & Co have been acting for Mr Nadir since 2010.
Press:
(Last updated: 26.06.2012)
Mr Kweku Adoboli Granted Bail
Mr Kweku Adoboli was today granted bail after a successful bail application at Southwark Crown Court. Mr Tim Harris, Solicitor on this matter said his client was "delighted, very emotional and would like to thank all his family and friends for their support”. Mr Adoboli is due to be released from Wandsworth prison on Monday pending the bail terms being satisfied.
Mr Bark-Jones, partner at Bark & Co Solicitors said "Our client is both emotional and delighted at the outcome of today's bail hearing. He looks forward to working on his case at our London offices."
11/06/2012 - Bark & Co Solicitors are happy to confirm that Mr Adoboli satisfied bail terms and has been released on bail.
Press Coverage:
The Telegraph [release on 11/06/12]
Media organisations, journalists and bloggers are cautioned to carefully bear in mind their reporting of this matter pursuant to their responsibilities under the Contempt of Court Act.
(Last updated: 08.06.2012)
Met Police review Daniel Morgan murder over News of the World link
It is reported that the Met Police will now investigate a News of The World link concerning the Daniel Morgan Murder (R v Vian & Others).
Details reported [here] in the Guardian
Mr Glen Vian, represented by Bark & Co, was acquitted in March 2011.
Read more (Last updated: 01.03.2012)
Kweku Adoboli pleads not guilty at Southwark Crown Court
Mr Adoboli has today entered a plea of not guilty at Southwark Crown Court.
Press coverage of the matter:
(Last updated: 30.01.2012)
Bark and Co act for Mr Kweku Adoboli
As has been reported widely in the press, Bark & Co can confirm we act for Mr Kweku Adoboli.
The firm do not intend to comment in detail on the case at this stage. Media organisations, journalists and bloggers are cautioned to carefully bear in mind their reporting of this matter pursuant to their responsibilities under the Contempt of Court Act.
Read more (Last updated: 23.12.2011)
Deferred Prosecution Agreements (CL&JW)
"Should corporate justice be served or procured?"
Bark & Co fraud lawyer Tim Harris discusses in Criminal Law & Justice weekly if the use of US style deferred prosecution agreements could be useful in the UK. Click here for a PDF.
(Last updated: 08.12.2011)
R v Thakrar - client acquitted
Bark & Co Solicitors have successfully secured the acquittal of Kevan Thakrar. Our client is a serving prisoner having previously been convicted of triple murder in 2009.
Kevan Thakrar was charged with 2 counts of attempt murder and 3 counts of causing grievous bodily harm with intent. All allegations related to attacks on prison officers in HMP Frankland, Durham.
Giving evidence, Kevan Thakrar informed the jury that he suffers from Post Traumatic Stress Disorder following an attack on him by officers within the prison system. His defence centred around the bullying and racism that he has sustained whilst in the prison system and that his actions were in self defence.
The Solicitor instructed, Marie Bourke, along with a dedicated defence team from Bark & Co, sought and succeeded in obtaining information which severely undermined the prosecution case and highlighted the torturous regime which is alive within the prison system. Great lengths were taken to secure evidence from legal professionals, professionals within the medical field, as well as serving prisoners.
Read more (Last updated: 10.11.2011)
R v Hanson - case dismissed
The Crown Prosecution Service formally offered no evidence against our client leading to His Honour Judge Hone QC directing a Not Guilty verdict.
Our client was charged with Conspiracy to Murder an allegation which, for the past 5 years, he has always vehemently denied. He was represented by solicitor Marie Bourke, of this firm.
The case rested on one supergrass witness and following legal arguments, the Judge ruled that the evidence of this witness should be excluded from the case, he stated that “By the time the summing up of Gary Eaton's evidence of unreliability, fabrication and fantasy had concluded, it would be impossible to find a sufficient bedrock of truth upon which a properly directed jury could convict any of these defendants”.
Press Links:
(Last updated: 20.09.2011)
HMRC withdraw from 9 Appeals against Abbey Forwarding LTD
In a ground breaking decision, the Commissioners for Her Majesty’s Revenue and Customs (HMRC) have withdrawn their resistance to the 9 Appeals filed on behalf of Abbey Forwarding Limited by the three ex directors and have been ordered to pay costs.
This decision to withdraw was made following an Abuse of Process Application made by Bark & Co Solicitors. The Appeals related to excise duty and VAT assessments raised by HMRC totalling over £7 million.
(Last updated: 20.09.2011)
Bark & Co defend alleged fraud at Freshfields Bruckhaus Deringer LLP
Bark & Co have been instructed by a director of a company being investigated for fraud by abuse of position, conspiracy to defraud and money laundering. The fraud is alleged to have occurred in the provision of IT services to Freshfields Bruckhaus Deringer LLP. It is alleged that payments were made for fictitious work done and that the conspiracy involved employees of the firm.
Our client denies the allegations and that he has acted dishonestly.
http://rollonfriday.com/TheNews/EuropeNews/tabid/58/Id/1440/fromTab/58/Default.aspx
(Last updated: 12.08.2011)
Bark and Co represents client in Internet Fraud conspiracy allegation
We are recently instructed in the defence of an investigation into an alleged conspiracy to defraud a large well-known international Internet marketing company.
(Last updated: 27.07.2011)
Solicitor Arrested in Alleged Share Marketing Fraud
Bark & Co are representing a solicitor arrested in connection with an offshore share marketing scheme. It is alleged that our client conspired with the directors of a Spanish company to defraud individuals and that our client then used its firm's client account to accept investor's money and distribute it accordingly.
(Last updated: 15.07.2011)
The Bribery Act 2010 comes into force (01/07/2011)
The 2010 Bribery Act comes into force today. It remains to be seen how this legislation will be applied in practice by the various enforcement agencies, but the Act has potentially far reaching consequences for any UK based companies (and individuals) who operate in territories where “normal business practice” could fall foul of the strict definitions of the offences. It is therefore essential that companies, both large and small, who fall into potential risk categories, should act to protect the company and its executives by implementing procedures in compliance with the MOJ guidelines. This would ensure a potential full defence.
Read more (Last updated: 01.07.2011)
R v Hookway - Police Bail Law Changes
Following a decision in R v Hookway, the Police can no longer bail subjects following arrest for more than a maximum of 96 hours from the time detention was first authorised. After this time a charging decision is required to be made. Bark & Co are urgently reviewing all our cases that this decision will affect.
Read more (Last updated: 30.06.2011)
Bark & Co Act for Chauffer against banking magnate Julius Meinl in a dispute over custom Bentley
Bark & Co Solicitors are acting for Mr Roshandel, an former employee of banking executive Mr Julius Meinl, in a dispute over the ownership of a £200,000 custom Bentley.
Read more (Last updated: 29.06.2011)
$2.2 Bn Liberian deal being investigated by City of London Police
Bark & Co are instructed to represent Mr A. He is under investigation by City of London Police Overseas Anti Corruption Unit concerning alleged improprieties in a $2.2 billion deal with the Liberian Government for the concession over 400,000 hectares of rainforest to be used for a carbon offset project. The matter is being investigated under the Prevention of Corruption Act 1906. All allegations are denied.
An investigation was also launched by the Liberian President.
Read more (Last updated: 10.06.2011)
14 Arrested in Police Raid
Bark & Co are representing two people following the arrest of 14 made during a raid by Metropolitan Police at a Garage in Southall, West London (19/05/2010). Three of those initially arrested were un-arrested before 11 were taken into custody by Police.
News Coverage:
(Last updated: 20.05.2011)
Client Acquitted of Money Laundering & Cannabis Allegations
R v Z - Leeds Crown Court - Bark & Co successfully defended a client accused of Money Laundering and production and supply of 3,000 cannabis plants at a factory run by an organised crime gang.
Read more (Last updated: 20.05.2011)
Police v K - Case Dropped
Bark & Co acted for the principal of an accountancy firm, the premises of whom was raided by the Ministry of Defence Police on suspicion of conspiring to launder funds on behalf of a client. Further, the MOD alleged that since accountancy firms are classified as falling within a regulated sector, a second offence was committed by the principal for failing to make an authorised disclosure. Bark & Co considered from the outset that there was scant evidence to support the approval of a warrant and the allegations of the MOD. We immediately challenged the lawfulness of the warrant and later advised our client in interview and made robust written representations as to why our client should not have known or suspected money laundering. The investigation of our client has today been discontinued without charge.
This case provides a salutary example to clients in the regulated sector of the importance of ensuring best practice in money laundering compliance especially given regulator enthusiasm to embark on costly and reputationally damaging investigations on minimal evidential grounds.
(Last updated: 07.04.2011)
Breaking News: R v Vian & Others - Case Dropped
The case against our client has today been discontinued in the Central Criminal Court ("The Old Bailey"). Representing our client were Senior Solicitor Mrs Alison Hill of this firm and leading defence Counsel Mr David Whitehouse QC and Mr Edmund Gritt. Mrs Hill gave a short statement to the media outside Court. FULL DETAILS BELOW.
Press Coverage:
Read more (Last updated: 11.03.2011)
Bark & Co Defends £30m Carbon Credit Fraud
Bark & Co has been instructed to defend a director charged with cheating the revenue through a manipulation of the trade in carbon credits. The prosecution allege in turn that the proceeds were concealed by being transferred offshore. The alleged loss to the revenue is estimated at £30m. The allegations are denied.
In the news:
(Last updated: 02.02.2011)
CLIENT ACQUITTED OF MONEY LAUNDERING & DRUGS CONSPIRACY
Bark & Co successfully defended our client from allegations of money laundering and conspiracy to produce cannabis. Our client was exonerated of all charges after a robust defence strategy rebuked links to involvement in a major drugs factory warehouse run by a Chinese organised crime gang,
Read more (Last updated: 25.01.2011)
HMRC CRACKDOWN ON OFFSHORE ACCOUNTS
It has recently come to our attention that two Britons have been arrested on suspicion of using Swiss Bank accounts held with HSBC to evade UK taxes. This could lead to the first criminal prosecutions in a three year clampdown on offshore tax evasion by HMRC.
Read more (Last updated: 22.01.2011)
MR ASIL NADIR WRONGFULLY ARRESTED
4th December 2010, officers from the Metropolitan Police arrested Mr Nadir at his Mayfair residence for allegedly breaching his Bail conditions. The conditions require that Mr Nadir remains at his home address between the hours of 12pm and 6am.
Read more (Last updated: 05.12.2010)
SUBSTANTIAL DEVELOPMENTS IN THE CASE OF R V ASIL NADIR IN THE CENTRAL CRIMINAL COURT.
Concerns raised over disclosure issues and SFO press articles
Read more (Last updated: 15.10.2010)
HMRC TARGETING SWISS HSBC ACCOUNTS
You may have seen media coverage concerning HMRC’s use of account holder information stolen from HSBC in Switzerland. It is now evident that HMRC has reviewed the information and has launched a concerted attack against tax evasion on the strength of it...
Read more (Last updated: 13.10.2010)
Asil Nadir - The First Hearing 3rd November 2010
Asil Nadir attended a hearing at the Central Criminal Court (The Old Bailey) today (03/09/2010) to begin his fight for Justice. The mention hearing began at 10am in Court 9 with The Honourable Mr Justice Bean presiding.
(Last updated: 03.09.2010)
Asil Nadir returns to the UK to fight for justice
Mr Asil Nadir has returned to the UK from Northern Cyprus in order to fight to clear his name and get justice after almost two decades of exile. Mr Nadir comments "We've a mission to fulfil. Somehow, having endured this injustice for 20 years, I feel it's time now to put closure to this in a most acceptable way."
The defence team from Bark & Co Solicitors with Mr William Clegg QC and Mr Dean Armstrong are committed to ensuring the delivery of a fair legal process that had been previously been denied to our client.
Read more (Last updated: 23.07.2010)
Abbey Forwarding v Richard Hone and Others
In a two week trial in the High Court, Bark & Co successfully defended the former directors of Abbey Forwarding Limited in the High Court in an action brought by the liquidator of the company against them for breach of fiduciary duty.
Craig Clark acquitted of a 7 million pound boiler room fraud.
Our client was acquitted by the Jury at Ipswitch Crown Court of his involvement in an alleged international boiler room fraud.
Two other defendants were sentenced at Ipswich Crown Court for running an illegal high pressure, share-pushing operation from call centres in Spain. Around 1,250 investors in the UK were persuaded to buy over £7 million worth of shares. Using their "Gordon Gekko" contract notes to complete the transactions, the team were alledged to have siphoned off around 80% of the invested funds. Craig Clark who was represented by Bark & Co. was acquitted by the jury of any wrongdoing.
Mobilx Ltd Appeal - UK Legal News June 2010
‘This case shows that practitioners should be aware that the Courts are now likely to be less sympathetic to taxpayers’ Andy Lynch of the Bark & Co Civil litigation team quoted in UK Legal News June 2010.