Global Investigations Review - The law and practice of international investigations

Fraud

Ex-Deutsche Bank trader fights Libor rigging conviction

Ex-Deutsche Bank trader fights Libor rigging conviction

November 22, 2019, GIR

Former Deutsche Bank trader Gavin Black has appeal against his 2018 conviction for manipulating the London interbank offered rate.

DOJ wins conviction of forex trader

DOJ wins conviction of forex trader

November 21, 2019, GIR

The Department of Justice’s second attempt at securing a conviction at trial for conduct in currency exchange has proven successful, as a jury returned a guilty verdict against Akshay Aiyer.

Lawyers for Halkbank say request for special appearance is uncontroversial

Lawyers for Halkbank say request for special appearance is uncontroversial

November 20, 2019, JUST SANCTIONS

King & Spalding has defended its request to make a special appearance to challenge charges against Turkish bank Halkbank over a multi-billion dollar sanctions evasion scheme.

Former Barclays exec was guarded in relationship with Qatar, court hears

Former Barclays exec was guarded in relationship with Qatar, court hears

November 18, 2019, GIR

A former vice chair at Barclays Capital acknowledged she should have been “pushier” in getting a former executive at the bank to disclose information about its relationship with Qatar, a jury has heard.

World Bank debars Portuguese engineering consultant

World Bank debars Portuguese engineering consultant

November 14, 2019, GIR

The World Bank has debarred Portuguese engineering and architecture consultant PROCESL for its conduct on an infrastructure project in Brazil.

CTFC and DOJ hand down record spoofing fine

CTFC and DOJ hand down record spoofing fine

November 08, 2019, GIR

A US trading company has agreed to pay a record-breaking $67.4 million to resolve allegations of spoofing.

Ex-Barclays exec: investors would “go nuts” if they discovered Qatari deal

Ex-Barclays exec: investors would “go nuts” if they discovered Qatari deal

November 04, 2019, GIR

A former executive at UK bank Barclays said he was happy when an allegedly illicit investment deal was taken off his to-do list, a London court has heard.

DOJ alleges some different behaviour in second forex trial

DOJ alleges some different behaviour in second forex trial

November 01, 2019, GIR

A currency trader conspired with rivals to set foreign exchange rates bids for customers and conducted “fake” trades aimed at deceiving other market participants, the Department of Justice has told a New York jury.

World Bank debars Canada-based company for fraud

World Bank debars Canada-based company for fraud

October 31, 2019, GIR

The World Bank has debarred Canada-based MTZ Equipment for fraud linked to a water management project in Afghanistan.

EPPO shows EU has “useful role” in criminal justice

EPPO shows EU has “useful role” in criminal justice

October 23, 2019, GIR

The EU’s nascent prosecution agency will need to prove itself to national enforcers before it can be deemed fully effective, lawyers say.