These are our some of our cases of note: R v Nadir Description: Bark & Co have been instructed by the former CEO of Polly Peck International (PPI) in an alleged multi-million pound fraud. The client faced 66 counts of Fraud & Theft, but failed to appear in the 1993 trial. Mr Nadir has returned to the UK to fight to clear his name. The trial date is now set for January 2012. Significance: One of the first high profile SFO prosecutions. R v Ravjani & Others Bark & Co represented a client accused significant involvement in a complex contra-trading MTIC fraud. The alleged fraud was of a scale that prompted the Government to proffer the case as an explanation as to why the UK balance of payments were adrift for a particular year. Unfortunately, reporting restrictions prevent us from publishing the full outcome at this time. R v X Description: This matter involves an insider trading investigation at a number of banks and hedge funds and other large financial institutions conducted by the FSA and SOCA which Reuters reports has “sent shockwaves through the country's financial industry”. Significance: This case involves significant press interest and involves the representation of a director at a very high profile financial institution.

2. These are our some of our cases of note:
R v Nadir
Description: Bark & Co have been instructed by the former CEO of Polly Peck
International (PPI) in an alleged multi-million pound fraud. The client faced 66
counts of Fraud & Theft, but failed to appear in the 1993 trial. Mr Nadir has returned
to the UK to fight to clear his name.
The trial date is now set for January 2012.
Significance: One of the first high profile SFO prosecutions.
R v Ravjani & Others
Bark & Co represented a client accused significant involvement in a complex
contra-trading MTIC fraud. The alleged fraud was of a scale that prompted the
Government to proffer the case as an explanation as to why the UK balance of
payments were adrift for a particular year. Unfortunately, reporting restrictions
prevent us from publishing the full outcome at this time.
RvX
Description: This matter involves an insider trading investigation at a number of
banks and hedge funds and other large financial institutions conducted by the FSA
and SOCA which Reuters reports has “sent shockwaves through the country's
financial industry”.
Significance: This case involves significant press interest and involves the
representation of a director at a very high profile financial institution.

3. R v CC & PF
Description: This case involves the arrest of nine directors of an ethical investment
company investing in the energy sector. The value of the alleged fraud, which
related to the company’s tax structure, is in excess of £85 million. It raises questions
on the differences between tax evasion and tax avoidance. The company obtained
tax benefits for research and development in the energy sector and secured
investment from 750 specialist private investors.
Significance: This case will have far reaching consequences for the whole of the
ethical carbon offsetting industry, as well as for all companies with similar tax
structures. The company in question was advised by tax specialists and lawyers
regarding the legislation involved. HMRC allege that the complex nature of the
related companies and tax structures were formed for the specific reason of
perpetrating a fraud while the company states that they were not only legitimate but
standard industry practice.
R v F & P (Vantis Tax)
Description: We acted for former senior executives for a specialist tax division of
Vantis Plc defending allegations of cheating the public revenue. They both
vigorously deny the allegations made against them.
Significance: This case involves extremely complex tax, share valuation and trust
issues, and raises serious questions concerning the boundaries of tax avoidance
schemes and their use. It attracted significant media interest with coverage in the
nationals and trade press.

4. R v S & Others
Description: Bark & Co is representing a client who is involved in a wide ranging FSA
investigation into an alleged 11-handed insider dealing fraud. This matter revolves
around a spread-betting company that was used to place derivative trades on share
price movements. Trades were made close to, or before, significant and unexpected
company announcements which influenced the share price in the direction of the
placed trade. It is alleged that a ring of traders, some of whom had no previous
experience in spread betting, were organised to perpetrate the fraud with the insider
information originating from two well-known investment banks.
Significance: The value of the alleged fraud is over £3 million and involved insider
information on more than 25 companies that the investment banks dealt with. This
case is still at the investigation stage but charges are being brought.

5. R v W, W, W & D (Southwark Crown Court)
Description: Our client is charged with conspiracy to defraud and money
laundering offences. This case follows a joint FSA and City of London Police
operation and investigation into a boiler room fraud. It is alleged that several
companies that were seeking venture capital were used as vehicles to
generate appropriate share capital to sell to victims based in the UK. The
boiler rooms were based overseas and unregulated by the FSA. They
generated over £30 million in income which was then filtered through a
complex network of companies and holding accounts and into UK and
offshore accounts.
Significance: The fraud is so large that the FSA has determined that it is
limiting the case to six primary front companies. Not only is this case a good
example of the scale and increasing prevalence of this type of fraud, it also
demonstrates how international operations are being used to bypass the UK
financial regulators and authorities.

6. R v S, R, D, S, S & T (Southwark Crown Court)
Description: This was a six-handed prosecution of the founders and associates of
the “Confidential Access” website. Our client is alleged to have used his business
to facilitate the sale of false identity documents that were used to commit fraud
and crime. The identity documents, which included passports, P45s, bank
statements and other financial and identity documents, were marketed and sold
as legal “novelty items”, but their accuracy means they were used by clients who
were being investigated by the Metropolitan Police anti-terrorism unit. In a joint
operation with the Hong Kong Organised Crime Team, the Confidential Access
website was temporarily shut down and the servers and business records seized.
The website subsequently reopened in another county and the authorities entered
into an ongoing battle across several jurisdictions to force the website to close
down.
Significance: This case provides a unique insight into the type of identity-based
frauds that will become more commonplace in the future. It also shows the
difficulties involved in dealing with international and cross-jurisdictional issues
surrounding internet free trade and international payment systems. Not
surprisingly, the case attracted media attention, although the details remain
confidential.

7. R v L (Southwark Crown Court)
Description: Our client in this case is being re-tried after a trial held in 2008 failed
to reach a verdict. The client is charged with cheating the public revenue of £250
million in a large-scale and complex MTIC VAT fraud in the mobile phone handset
market.
Significance: The scale of the operation and subsequent investigation was
impressive, with 42 arrests in 2003, 96 sets of premises searched and 260
computers and 500,000 documents seized, as well as substantial amounts of
electronic data. This fraud is serious and involves highly complex forensic
accountancy and international funds tracing aspects. Again, it has attracted
considerable media attention.
R v L (Southwark Crown Court)
Description: iSoft was awarded a multi-million pound contract to implement an All
Ireland software system. Bark & Co is representing a former director in
connection with alleged accounting irregularities in relation to this contract. This
case is in the FSA's own words the largest case they have ever investigated.
Significance: iSoft were involved in the implementation of the new NHS IT
system, a large and politically sensitive project and the case has received
extensive press coverage. It has therefore required extremely sensitive handling.
The issues involved are also particularly complex and involve forensic legal and
accountancy analysis.

8. iSoft related cases (representing X)
Description: iSoft was awarded a multi-million pound contract to implement an All Ireland
software system. Bark & Co is representing a former director in connection with alleged
accounting irregularities in relation to this contract. This case is in the FSA's own words the
largest case they have ever investigated.
Significance: iSoft were involved in the implementation of the new NHS IT system, a large and
politically sensitive project and the case has received extensive press coverage. It has therefore
required extremely sensitive handling. The issues involved are also particularly complex and
involve forensic legal and accountancy analysis.
RvR
Description: This is said to be among the biggest MTIC carousel frauds ever prosecuted. It
involves a particularly complex form of MTIC fraud called ‘contra-trading’. Here, the perpetrator
mixes a ‘clean’ chain of transactions and a ‘dirty’ chain. The key is that they act as importer in
the clean chain and exporter in the dirty one, therefore offsetting legal imports against illegal
exports, making the VAT claim relatively balanced and the fraud far harder to detect.
Significance: This case is said to be one of the biggest MTIC frauds ever prosecuted and involves
billions of pounds worth of trade. It will give rise to national publicity and widespread public
concern because MTIC fraud has become so widespread that it is responsible for the UK trade
figures being completely miscalculated. In this instance there has been £170 million of fraud
identified within the telecoms sector involving the international trading of mobile phones.
Contra-trading is an increasing growth area of specialist defence where Bark & Co is among the
leaders. This case has at present over 60,000 pages of exhibited prosecution materials with over
100,000 expected, making the estimated cost of prosecuting the case substantial (more than
£1million).

9. R v L, R & H
Description: This was a high-profile SFO prosecution concerning fraudulent
trading. The prosecution alleges that there was fraudulent trading over a 3-4 year
period at Alfred McAlpine Slate Limited. This took the form of false invoicing and
the concealment of the false information from the parent company, Alfred
McAlpine plc, and their auditors, by way of forged loans, invoices and
manipulation of management packs.
Significance: This case was the subject of a three-month internal investigation by
PMCE Coopers Waterhouse and the City law firm, Ashurst. Press interest is high
and the case has appeared on Sky News, in The Times, and The Guardian, as
well as local papers, financial journals and Reuters. It is alleged that the
discovery of the fraud led to a drop in the McAlpine Slate share price and
contributed to the acquisition of McAlpine by Carillion plc. With over 50,000
pages of served evidence, this case was both complex and high profile. We
were successful in achieving a lenient sentence for our client.

10. R v Lord Rodley, Coyne & Others
Description: This case involved a conspiracy to defraud the SMBC Bank in
London of £227 million and money laundering the proceeds of the fraud. A
security guard at SMBC bank, who had access to its computer system,
allowed two Belgium computer experts entry into the bank and access to the
computer systems outside working hours. They hacked into the bank’s
systems to obtain passwords and to transfer funds to accounts set up to
launder the proceeds of this fraud.
Significance:Three defendants stood a fully contended cut-throat trial. Our
client (David Coyne aka Nash) is alleged to have been involved both in the
main plan to defraud the bank and the money laundering as he was the owner
of several offshore bank accounts that were allegedly set up to receive the
funds

11. R v F, D & Others
Description: The case results from an investigation into a successful multi-
million pound international lottery scam, which began with a complaint
concerning unsolicited e-mails from the Philippines. The scam involved claims
that the victim would be the beneficiary of a percentage of an estate worth $10.2
million.
Significance: The alarm was raised by Barclays Bank in New York. A joint
investigation by the FBI and Metropolitan Police then uncovered a number of
victims of the fraud, who were resident in various places, ranging from the USA,
to Malaysia, Japan and the Middle East. The joint investigation resulted in six
arrests. This case demonstrates our ability to handle complex international fraud
cases, requiring the gathering of evidence and information in a number of
jurisdictions.