R v Carlo Palombo and Colin Bermingham
(2020) – The Court of Appeal today rejected various grounds of appeal by two traders at Barclays Bank who were convicted for their part in the manipulation of the Euribor benchmark interest rate, against which over $150 trillion of financial products are referenced. In all, four defendants have been convicted as a result of this SFO investigation. James Waddington QC led Emma Deacon QC on behalf of the Serious Fraud Office. The grounds of appeal included alleged juror bias, criticism of the direction given about the proper basis, pursuant to the relevant contract, founded in Belgian law, for submitting interest rates to Euribor and the assertion that, post the cases of Barton and Ivey, the charge lacked legal certainty.
R v Palombo and Bermingham (2020) – Appeals against conviction.
R v Bittar, Moryoussef, Palombo, Bermingham, Kraemer and Bohart – Euribor.
R v Palombo, Bermingham and Bohart – Euribor.
R v Hauschild – Euribor.
R v Say (2018) – A fraud committed by an independent financial advisor in relation to the pensions sector.
R v Geoffrey Copp and three others (2017) – £44 million VAT fraud concerning the provision of payroll services.
R v Sandeep Dosamjh & 6 – James was the lead advocate in these two trials arising out of a £60 million VAT fraud carried out by the fraudulent trade in carbon credits. The law was changed to prevent carbon credits being utilised in this way again.
R v Ronnie, Barrington and Ball – This case concerned fraud by the CEO of JJB Sports Ltd and perverting the course of justice by two others.
R v Ashraf – James was the lead advocate in the prosecution of defendant extradited from Dubai to face trial for his part in a £45 million VAT fraud carried out by the fraudulent trade in telephones.
Face Off South Ltd v HMRC – James was instructed by HMRC as lead advocate in these unsuccessful appeals brought by these companies before the First Tier Tribunal in relation to the refusal of HMRC to allow input tax claims for several million pounds.