Door Tenant - Jo Torode (2006)


 "...practises in domestic and international fraud..."

 "...practises in domestic and international fraud..."

Jo’s practice covers the spectrum of commercial litigation and regulatory investigations. As both a barrister and experienced litigator she has particular expertise in the conduct of high profile, local and cross-border investigations and proceedings involving the civil, criminal and regulatory aspects of financial and corporate wrongdoing and the proceeds of crime.

Jo has extensive experience of prosecuting and defending cases involving allegations of fraud, corruption, money laundering and corporate criminality. Having previously worked at city law firms she also acts on substantial commercial disputes and carries out internal investigations for financial institutions and corporate entities, advising on their potential criminal and regulatory exposure. She also advises on matters related to corporate governance, including anti-bribery, fraud, and anti-money laundering, inclusive of reporting obligations under POCA and the conduct of due diligence.

 Jo lectures in the areas of crisis management, financial crime and asset recovery on a national and international basis, including addressing conferences organized by the UNODC aimed at strengthening national and international co-operation in combatting money-laundering and recovering the proceeds of crime.

 She is one of the editors of Mitchell Taylor and Talbot on Confiscation and the Proceeds of Crime and a contributing author to the 3rd Edition of 'Corporate Criminal Liability', edited by Amanda Pinto QC and Martin Evans.


Notable Cases

Investigations:

  • For a major multinational bank in relation to global, criminal and regulatory investigations into allegations of manipulative and collusive conduct in FX markets.

  • For an insurance company in relation to an investigation being conducted by the NCA in conjunction with the Information Commissioner’s Office.

  • As independent counsel in both Operation Weeting and Operation Elveden.

 Commercial Wrongdoing:

  • For the defendant in a civil claim for the return of £35 million allegedly obtained by fraud in breach of trust.

  • For the claimant in a civil claim for the recovery of funds misappropriated as part of a share sale agreement.

  • For a corporate entity in a civil claim for non-payment under an insurance policy, arising against a backdrop of parallel criminal proceedings.

  • For an individual in an appeal against the immediate revocation of a professional licence following allegations of misconduct.

 Proceeds of Crime / Asset Recovery:

  • Advising financial institutions, corporate entities and persons in the regulated sector on the risk of incurring liability for money laundering offences under POCA and associated reporting obligations. Including in relation to M&A deals and the conduct of due diligence.

  • For SOCA (now NCA) in civil recovery proceedings against individuals whose business operations were said to be entirely based on unlawful activity involving fraud and the provision of immigration advice in breach of OISC regulations. 

  • For a third party property company asserting an equitable interest in restrained assets.

  • For seven lending institutions joined as interested parties/section 301 claimants in an application for forfeiture of cash found in safety deposit boxes.

Financial Crime:

  • For the former Finance Director of Tesco PLC in relation to both the internal investigation into accounting irregularities and that being conducted by the SFO.

  • Junior Counsel for the lead defendant in a £50 million money laundering trial following an investigation into a number of linked money service bureaux.

Insolvency:

  • In the bankruptcy of a high profile former trader believed to owe investors at least £70 million.

  • For the former Finance Director of Luton Town Football Club in contested directors’ disqualification proceedings.

Public Law / Human Rights:

  • For the MOD and FCA in relation to the legal challenges arising out of investigations, prosecutions and the alleged misconduct of UK soldiers in Iraq.

  • For a Borough Councillor in a contested election petition