Mark Rainsford QC Secures Acquittal in US$120m Zetland Financial Money Laundering Trial

Mark Rainsford QC secures acquittal in US$120 million money laundering trial at Southwark Crown Court defending Hong Kong businessman James Campbell Sutherland, Chairman of the Zetland Financial Group of fiduciaries

The jury unanimously acquitted in less than 4 hours after a nine-week trial and 8-year investigation by the SFO assisted by the SEC, FCA and City of London Police. It was alleged that Zetland Financial Group laundered the proceeds of the UK’s biggest boiler room fraud. The acquittal follows Mark Rainsford QC’s successful defence of the senior partner of a large commercial law firm tried on corruption charges in connection with the same boiler-room fraud. Jason Sugarman of 9-12 Bell Yard was junior counsel in both trials.

See:  UK http://www.telegraph.co.uk/business/2016/03/18/sfo-in-court-defeat-over-boiler-room-scam-money-laundering/.

Hong Kong: http://m.scmp.com/news/hong-kong/law-crime/article/1927610/businessmen-hong-kong-ties-acquitted-money-laundering