Successful conviction in £100 million no-win-no-fee fraud
Miranda Moore QC and Aparna Rao of Chambers, with Paul Raudnitz QC, instructed by the Serious Fraud Office, secured the conviction of Timothy Schools on 5 counts of fraudulent trading, fraud by abuse of position and money laundering. Mr Schools personally acquired over £19m of the £100m that investors placed in the Cayman-based Axiom Fund.
The trial took place at Southwark Crown Court. News reports can be found at The Times, Law Gazette & SFO