NEWS
James Waddington QC and Nicholas Chapman secure pension fraud conviction
James Waddington QC and Nicholas Chapman acted for CPS Specialist Fraud Division in the successful prosecution of Darren Say, an IFA and guiding mind of the Noisnep pension strategy, who was yesterday convicted of two counts of fraud following a 6-week trial. Mr Say induced clients to enter into a pension scheme on the promise that their contributions would be used to build a luxury resort in the Bahamas, thereby generating returns on their pension investments. Instead he used the money for his own personal benefit. Confiscation proceedings are to follow.