Martin Evans QC secures confiscation orders of over £10m for CPS on Operation Hornet

Lynden Scourfield was a director of HBoS’s impaired assets division based in Reading.  This division of the bank provided strategic advice and assistance to corporate customers who were experiencing financial distress. Between 2003 – 2007 he was corrupted by David Mills and Michael Bancroft. They operated Quayside Corporate Services Ltd [QCS], a company that was regularly appointed by Scourfield to act as a turnaround consultant to the bank’s business customers as a condition for further financial support. In fact, QCS was dishonestly used by Mills and Bancroft to extract exhorbitant fees and to operate those businesses simply to appropriate funds loaned (on Scourfield’s approval) by the bank.

Scourfield approved huge loans to the businesses well past the point when it would have been obvious to any honest banker that the debt could and would never be re-paid.  The result of the corrupt arrangement was the Bank incurred losses in the order of £245m in respect of customer lending managed by Scourfield which ultimately had to be written off.

Alison Mills (wife of David) was convicted of money laundering.

The defendants were convicted after a trial in 2017.  Confiscation orders were made by HHJ Beddoe at Southwark Crown Court on 12th and 16th September 2019 as follows:

Benefit obtained Order made

David Mills £57,923,899 £5,649,940

Michael Bancroft £2,331,764.35 £727,390.72

Alison Mills £11,531,768 £4,802,009

In each case, the order was in the amount of the available assets.

Martin Evans QC was instructed in the restraint and confiscation proceedings. 

If you would like to know more, or instruct Martin Evans QC, please contact the Practice Directors.

Fiona Jackson delivers Regional Mutual Legal Assistance workshop in Uzbekistan

Fiona Jackson was invited to Uzbekistan last week by the National Crime Agency and the British Embassy in Tashkent to deliver a three-day Regional Mutual Legal Assistance workshop as part of a team.  Delegates attended from prosecuting and police agencies in Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan.     

During the workshop, which was designed to increase knowledge and awareness of international legislative asset recovery frameworks and worldwide mutual legal assistance capabilities, Fiona spoke on The International Financial Landscape – Legal Frameworks, Non-Conviction Based Confiscation, and Drafting Mutual Legal Assistance Requests, including an overview of the new Unexplained Wealth Orders and the detail required in MLA requests.  Delegates were also taken through practical exercises to draft international MLA requests in criminal and civil asset recovery proceedings, and worked through a comprehensive immersive training exercise designed by AML Consulting Ltd to enable them to manage and process financial enquiries and MLA requests in a time-pressured environment.

If you would like to find out more, or instruct Fiona, please contact the Practice Directors.