Representation of a financial institution incorporated in the Cayman Islands against a former director to trace and recover sums of approximately US$ 50 million dissipated throughout Eastern Europe by entering into a series of ultra vires and fraudulent commercial contracts. Parallel proceedings pursued in the Cayman Islands and in the United Kingdom.

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  Representation of Komercni banka in a US$ 250 million fraud involving BCL Trading GmbH involving 30 letters of credit issued by the bank at the request of BCL relating to purported sales of large quantities of agricultural products from Russia and the Ukraine. The bank believed that there were no genuine sales of produce in Russian warehouses; the invoices and warrant lists were a sham; and that certain individuals acted as BCL's accomplice in a scheme designed to defraud the Bank. Komercni banka won on every count and was awarded the full amount of its claim, which exceeded US$ 100 million. FraudNet members representing an offshore regulator successfully pursued the winding up of 7 linked offshore companies.

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  Acted for the Depositors Compensation Scheme managers in the regulators scheme for depositor protection arising from the Bank of Credit and Commerce International (BCCI), a major international bank founded in 1972, which operated in 78 countries, had over 400 branches, and claimed assets of US$ 25 billion and which became the focus of the world's worst financial scandal and a "$20-billion-plus heist" (Beaty & Gwynne 1993).

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  Represented the joint liquidators in a 23 year liquidation arising from a major bank collapse, including fraud investigations arising therefrom. Developed an innovative scheme to repatriate unclaimed dividends to existing claimants.

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  Representation of defendants implicated in several high profile financial debacles including Banco Ambrosiano, Parmalat and Cirio, and in delicate investigations concerning allegations of bribery, corporate or financial crimes.

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  Assisted a financial institution in international and regulatory efforts to combat cyber fraud through the use of copycat and look alike websites, which resulted in the successful termination of the fraudulent websites.

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  Representation of Liquidator of Barbados bank subsidiary of a Guatemalan bank and the Guatemalan Bank Supervisory Agency in the largest bank failure in Guatemalan history, including filing the first ever Chapter 15 Bankruptcy case in the State of Florida, the tracing and recovery of assets in various jurisdictions including the United States, Grand Cayman, Barbados and Guatemala. Over US$ 50 million in assets recovered thus far in U.S. Bankruptcy Court Refco Bankruptcy and in other accounts located in the United States.

Represented one of the major Italian companies listed on the Milan and NY Stock Exchanges, in relation to a complex investigation concerning conspiracy, bribery and misappropriation carried out by former managers against the company and its shareholders. Managers of other Italian and foreign companies also participated in the crimes. The investigation, pending since 2003, has involved Italian and several foreign judicial authorities.

Defended associated Canadian oil companies and their Jersey subsidiaries against a multi-million pound claim brought by the Jersey subsidiary of another Canadian oil company for damages and an accounting in relation to an Iranian oil transaction.

Intervention in judicial review proceedings brought by a private individual against the Attorney General of Jersey regarding a request for mutual legal assistance in a criminal matter involving a massive fraud on certain state entities of the Federal Republic of Brazil.

Assisted the Receivers of a liquidation trust to arrest a Cypriot registered vessel purchased with illegal funds within the context of an admiralty action requesting a declaration that the vessel was subject to a constructive trust for the benefit of the client and further requesting the rectification of the Ship Register to this effect.

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  Representation of a Federal District Court Receiver appointed in an SEC civil enforcement action in Texas involving an Internet-based fraudulent investment scheme which purportedly raised over US$ 100 million. Immediate action led to the freezing of accounts holding almost US$ 14 million. Forensic investigative efforts, both domestic and foreign, led to the recovery of additional monies, and the freezing of a further US$ 2.7 million in Luxembourg. Recoveries were also obtained from a parallel U.S. Government forfeiture proceeding, a proceeding commenced by Liechtenstein authorities, and an account uncovered in Luxembourg. As a result, the claims of over 1,400 victims have been paid in full.

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  Assisted Nova Scotia firm representing the court appointed Receiver of a failed Caribbean bank in successfully preventing the bank from transferring a registered Panamanian vessel in order to avoid payment of mortgage debt.