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Three jailed for £18.5m fraud on Swiss bank
by William Robins on Jan 27, 2012 at 17:00
Kevin Steele was a partner at London law firm Mishcon de Reya. Michael Shephard was one of his clients. The SFO said Mark Pattinson was an associate of Shephard engaged for the purpose of the fraud.
Charges were brought against the trio in June 2009.
Shephard and Pattinson pleaded guilty ahead of trial, which opened on 7 November 2009, to conspiring to use false instruments.
Steele denied the charges against him but was convicted of the same offences on 5 December 2011.
Additionally he was found guilty of a secondary fraud in that he exposed Mishcon de Reya to risk of loss.
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3 comments so far. Why not have your say?
Simon Webster1
Jan 27, 2012 at 17:25
and these muppets thought no one would check?
report thisJonnieB666
Jan 28, 2012 at 11:29
What is more astonishing is that EFG Bank didn't check! or did they?
report thisRevohtron
Jan 30, 2012 at 10:25
How inebriated were these three when they dreamt up that asanine plan?
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