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Search results for tag "Fraud"

• Former Minter Ellison finance chief admits to stealing $2.7m from firm

  Mar 19 2012 The former finance chief in the Adelaide office of major Australian firm Minter Ellison has admitted stealing $2.7 million from the firm before fleeing to Thailand.... more

• Former Mishcon de Reya partner sentenced to 5 years prison for fraud and forgery

  Jan 29 2012 A former Mishcon de Reya partner has been sentenced to five years in prison for participating in a €22m loan scam. Kevin Steele was convicted by the Serious Fraud... more

• Washington lawyer pleads guilty to securities fraud

  Dec 17 2011 Washington lawyer Matthew Kluger pled guilty on Wednesday to securities fraud, obstruction of justice and other charges. The charges maintained that over the... more

• Fraud proceedings for former partners of Hogan Lovells, Mishcon de Reya

  Dec 09 2011 Former Hogan Lovells litigation partner Christopher Grierson has been charged with four counts of false accounting by the City of London police. Grierson was fired... more

• Assistant dean at University of Illinois falsified admissions data for money

  Nov 17 2011 The former assistant dean of admissions at the University of Illinois law school falsified LSAT and GPA data in order to increase his own salary, according to a final... more

• ABA considers penalties for law schools that misrepresent job prospects

  Oct 21 2011 The ongoing debate over whether law schools are misrepresenting the job prospects for graduates might yet bear some positive outcomes: the American Bar Association is... more

• Crowell & Moring sued in NY courts following alleged theft of client funds by former associate

  Sep 27 2011 Crowell & Moring has been sued in New York state court by a former client. Real estate management company Regal Real Estate is suing Crowell & Moring for... more

• Lawyer found guilty of stealing £11,000 from UK firm Walker Morris

  Sep 19 2011 A litigation executive at UK firm Walker Morris has been found guilty of stealing £11,000 from the firm, but has avoided a prison sentence. Lynne Morley worked at... more

• Quinn Emanuel's winning strategy

  Sep 19 2011 Interesting article here on the success of Quinn Emanuel Urquhart & Sullivan, who made the strategic decision a few years ago to step back from advising major banks... more

• Former Greenberg Traurig partner sentenced to six years in prison for overbilling

  Sep 15 2011 A former partner at Greenberg Traurig has been sentenced to six years in prison after pleading guilty to overbilling the suburb of Calumet Park, Illinois, by more than... more

• Nigerian scam takes US law firms in for $32 million

  Aug 19 2011 A Nigerian man has been extradited to the US on allegations of defrauding a number of law firms with an international "collection" scam. It is alleged that... more

• UK firm Kennedy's is cleared of wrongdoing in case of alleged partner fraud

  Aug 08 2011 The Solicitors Regulation Authority has cleared UK firm Kennedys of wrongdoing in the scandal involving a Kennedys senior partner and the alleged theft of £1 million... more

• A&O GC sentenced to more than 15 years prison for fraud

  Jul 29 2011 The former general counsel for A&O Resource Management Ltd, Russell Mackert, has been sentenced to more than 15 years in prison for his role in scheme that defrauded... more

• UK firm Manches announces redundancy consultation

  Jul 18 2011 UK firm Manches has announced that a redundancy process is underway, though the firm will not reveal how many staff will be affected. A spokesman for the firm... more

• Chicago-based firm discovers that one if its associates is unlicensed

  Jul 12 2011 Chicago-based multinational law firm Clausen Miller has discovered that one of its own ranks was not in fact a qualified attorney. Associate Mark Pastuszak worked in... more

• More scandal over financial irregularities in London firms

  Jun 14 2011 Last month, it was discovered that the former Hogan Lovells partner Christopher Grierson had embezzled a total of £1m in false expenses over a four year period. Now... more

• Hogan Lovells partner dismissed for claiming over £1m in false expenses

  May 19 2011 Hogan Lovells has dismissed litigation partner Christopher Grierson after revelations that he wrongly claimed more than £1m in expenses. The firm’s internal... more

• Serious Fraud Office investigation leads to arrest of two partners at M&A Solicitors

  Mar 29 2011 Two partners at UK law firm M&A Solicitors, have been arrested after an investigation by the Serious Fraud Office into the sale of coal mines in South Wales. One... more

• Clifford Chance secretary convicted of fraud

  Feb 07 2011 A former Clifford Chance secretary has been convicted of fraud for stealing over £23,000 from the firm. Judie Groom was the secretary to two construction partners at... more

• UK lawyers behaving badly

  Dec 06 2010 A number of stories have surfaced this week about lawyers trading their professional integrity for cash. In West Yorkshire, Milners Solicitors partner Simon Morgan... more

• Irish firm wound up by High Court after serious fraud

  Oct 29 2010 Dublin-based law firm Sean O'Ceallaigh & Co has been wound up by the High Court, after a partner admitted gambling away €2.5million of his clients' money on stocks and... more

• Satyam’s Raju gets bail: Media's tirade against Raju's bail unwarranted says Jethmalani

  Aug 20 2010 The Andhra Pradesh High Court on Wednesday finally granted bail to Ramalinga Raju after 17 long months. Raju, ex-CEO of Satyam and chief perpetrator of the Rs. 7000... more

• Sullivan and A&O take key roles in Goldman Sachs fraud action

  Apr 19 2010 Until now, US regulators have not initiated actions against those who capitalised on the collapse of the US housing market. The first such action was brought on Friday... more

• Ex-Mayer Brown partner Collins gets 7 years over Refco

  Jan 15 2010 Joseph P. Collins, a former Mayer Brown partner, was sentenced yesterday to serve seven years in prison for helping Refco Inc. executives defraud investors of $2.4... more

• Fortress sues Dechert over Dreier Ponzi scheme loss

  Dec 23 2009 New York-based private equity firm Fortress Investment Group LLC is suing law firm Dechert LLP alleging that the law firm issued a "false" legal opinion letter, which... more

• Greenberg Traurig faces legal review in Stanford scandal

  Oct 05 2009 With Allen Stanford accused of a massive fraud, the actions of Miami law firm Greenberg Traurig are coming under review by a receiver representing victims, raising the... more

• Wilson Sonsini loses $1m in alleged office supply scam

  Sep 07 2009 A purchasing specialist at Palo Alto law firm Wilson Sonsini Goodrich & Rosati helped a San Francisco office supplier defraud the firm of around $1 million through... more

• Ropes & Gray, Davis Polk advise on Pfizer's $2.3bn settlement

  Sep 03 2009 Ropes & Gray served as Pfizer's lead outside counsel in negotiating Pfizer's agreement to pay $2.3 billion in penalties to settle charges of illegally marketing drugs.... more

• Stanford investors file $7bn class action against Proskauer Rose

  Aug 31 2009 Investor client of Stanford Financial Group have filed a class action against US law firm Proskauer Rose and its partner Thomas Sjoblom in the U.S. District Court for... more

• Law firm sues former KPMG vice chairman in tax fraud case

  Aug 17 2009 New York tax law boutique Kostelanetz & Fink is seeking more than $1.3 million in fees from Richard H. Smith, a former KPMG vice chairman and partner. In the... more

• Salt Lake law firm Alcala accused of visa fraud

  Jul 29 2009 Federal prosecutors yesterday unsealed an indictment alleging Alcala Law Firm PC arranged thousands of fraudulent visas for foreign workers at Utah companies.... more

• Law firm founder Marc Dreier sentenced to 20 years in prison

  Jul 15 2009 Marc Dreier, founder of 250-lawyers firm Dreier LLP, was sentenced to 20 years in prison yesterday after pleading guilty to defrauding investors and clients of $700... more

• Mayer Brown partner found guilty of Refco fraud

  Jul 14 2009 Joseph Collins, a Mayer Brown partner charged with conspiracy relating to the fraud at collapsed commodities brokerage Refco was found guilty last week. more

• Former Latham partner sentenced to 15 months in prison

  Jul 02 2009 Samuel Fishman, a former M&A partner in Latham & Watkins's New York office, has been sentenced to 15 months in prison and ordered to pay a $10,000 (£6,000) fine and... more

• US federal court restricts transfer of Madoff assets

  Apr 21 2009 A judge of the United States District Court for the Southern District of New York agreed to prosecutors' request to issue an order restricting the sale, transfer, or... more

• Latham & Jones Day spearhead Satyam auction

  Apr 14 2009 Jones Day and Latham & Watkins both have taken on leading roles in the auction of a large stake in Satyam Computer Services to an Indian outsourcing firm. Jones Day... more

• Madoff victims sue to compel his bankruptcy

  Apr 13 2009 Victims of a fraud to which former financial advisor Bernard Madoff pleaded guilty last month have filed a request in US Federal court to compel his bankruptcy under... more

• South Africa's NPA will discuss charges against Jacob Zuma

  Mar 30 2009 Members of the National Prosecuting Authority in South Africa will discuss whether fraud charges against leading-party politician Jacob Zuma should be dropped for lack... more

• CMS Cameron McKenna advises on Stanford receiverships

  Feb 25 2009 CMS Cameron McKenna LLP has been appointed to advise Vantis plc receivers to two Antiguan companies in Sir Allen Stanford’s group of businesses. The US Securities... more

• Defunct law firm Fox Hayes faces £1m fine

  Feb 19 2009 Fox Hayes, a Leeds-based law firm that went into administration last month, has been fined nearly £1m for its involvement in overseas share scams that defrauded UK... more

• NY lawyer Marc Dreier gets house arrest in $400m fraud case

  Feb 06 2009 Federal judge Jed Rakoff decided that Marc Dreier, a prominent New York lawyer accused of defrauding investors of more than $400 million, can be freed under house... more

• Madoff trustee hires Lovells to hunt for missing assets

  Feb 06 2009 Irving Picard, the trustee in charge of the liquidation of Bernard Madoff's brokerage, has asked UK law firm Lovells to serve as special counsel in foreign proceedings... more

• Dreier details $380 million spent on law firm, art, investments

  Jan 16 2009 Dreier, the New York lawyer accused of cheating hedge funds who is being held in jail on fraud charges, yesterday filed a new request for bail. As part of the request,... more

• Dundas & Wilson wins top role on Madoff fraud

  Dec 28 2008 Scottish leader Dundas & Wilson will be advising on UK and European aspects of the high profile Bernard Madoff fraud case. Dundas' London corporate recovery team... more

• Dreier to file for bankruptcy

  Dec 17 2008 A receiver for the Dreier law firm says it will soon file for bankruptcy, following an alleged massive fraud by its founder and sole equity partner, Marc Dreier. more

• Dreier attorneys warned not to receive paychecks

  Dec 15 2008 There is little chance that the lawyers affiliated with Dreier LLP will be paid this morning, according to the receiver charged with preserving the firm's assets in... more

• Ex-Greenberg Traurig tax chairman Gordon pleads guilty

  Dec 15 2008 Jay Ira Gordon, ex-chairman of Greenberg Traurig's tax practice pleaded guilty to defrauding the Internal Revenue Service and is cooperating with the government in a... more

• Dire situation at Dreier: Bills unpaid, client funds missing?

  Dec 11 2008 When Marc Dreier was arrested in Toronto one week ago, tens of millions of client funds were allegedly missing from escrow accounts at his prominent 238-attorney law... more

• NYC law firm founder Dreier accused of hedge fund fraud

  Dec 09 2008 Marc Dreier, a prominent New York lawyer and founder of the 250-attorney law firm Dreier LLP, is charged with perpetrating a $100 million real-estate investment fraud... more

• Sullivan attorney resigns for fraudulent expense claims

  Sep 25 2008 Carlos J. Spinelli-Noseda, a former Sullivan & Cromwell partner has resigned from the bar. Spinelli-Noseda, a banking and finance specialist who joined Sullivan &... more

• Former Arnold & Porter partner Cinquegrani admits tax fraud shelter

  Sep 12 2008 Peter Cinquegrani, a former partner in the U.S. law firm Arnold & Porter, pleaded guilty on Thursday to conspiring to commit tax fraud and tax evasion on behalf of... more

• Single mother in Calgary imprisoned for defrauding prominent law firm

  Sep 10 2008 Former legal assistant Penny Myslichuk, 36, has been sentenced to 3 1/2 years in prison for stealing hundreds of thousands of dollars from a prominent Calgary law... more

• Hermitage and HSBC's law firms raided in Moscow

  Aug 25 2008 Leading law firms representing HSBC and Hermitage Capital Management have been raided by Russian Interior Ministry officials in an attempt to link senior lawyers with... more

• UBS lawyer David Aufhauser quits amid fallout over auction-rate inquiry

  Aug 06 2008 David Aufhauser has quit as the general counsel of UBS's investment banking division as the fallout widens from investigations into the failed market in auction-rate... more

• UBS lawyer identified in fraud lawsuit

  Aug 02 2008 David Aufhauser, a former general counsel of UBS’s investment bank, is one of seven senior executives accused of pulling $21 million (£10.6 million) of their own money... more

• Teenager steals thousands from Freshfields

  Jul 11 2008 A work experience girl who tried to steal more than £60,000 from a top law firm was jailed for five months yesterday. Titilayo Olaifa joined Freshfields but within... more

• Two U.S. law firms take EADS to court on insider-trading claims

  Jun 17 2008 The European aerospace group EADS on Monday defended its record for transparency after two U.S. law firms fired opening salvos in a possible class-action lawsuit... more

• Former Latham Partner Pleads Guilty to Defrauding Clients and Firm

  Mar 29 2008 A former partner at Latham & Watkins pleaded guilty Friday to defrauding both clients and his own firm by charging them more than $300,000 in personal or false... more

• Former Top Lawyer Faces Life in Jail for Phony Deal

  Mar 26 2008 Robert Graham, a former staff lawyer at General Re Corp., could spend the rest of his life in jail for helping another company commit fraud. On Feb. 25 a federal jury... more

• Partner at top law firm Mayer Brown charged with fraud at collapsed broker Refco

  Dec 20 2007 A partner at one of the biggest US law firms was yesterday charged with helping hide debts at Refco, the futures and commodities broker that collapsed two years ago... more

• Controversial German Lawyer Gravenreuth Sentenced to Six Months Jail

  Sep 21 2007 About ten years ago, a German lawyer, Günter Freiherr von Gravenreuth, devised an ingenious plan to earn money with an innovative method: Posing as teenage Tanja... more