Ed Vickers QC, leading Richard Beynon, acting for the Insolvency Service, has secured the convictions of four Company Directors in relation to fraudulent trading and money laundering involving almost a million pounds, at Southwark Crown Court. The offences occurred at three different companies over a period of four years. Two of the four men received immediate prison sentences totalling over 10 years for their part in a ‘long firm fraud’ and two received suspended custodial sentences. The sentence was notable as three of the four convicted men were disqualified from being a director of a company for lengthy periods, the principal defendant receiving a rare maximum disqualification of 15 years permitted by the Directors Disqualification Act 1986. The details are currently subject to reporting restrictions due to an outstanding trial at Southwark Crown Court in the New Year.
Ed Vickers QC and Richard Beynon are part of the Red Lion Chambers Financial Crime Team, who advise, prosecute and defend in serious White Collar Crime cases, Regulatory and Tax matters.