ABV Solicitors

Lawyers 35
Turnover Not disclosed
Offices 6

In one of the largest prosecutions brought by Royal Mail, the firm successfully acted for one of the main company directors alleged to have been responsible for perpetrating an £81 million fraud by manipulating the company systems over nine years. After months of negotiations, part-way through the trial Royal Mail dropped its case against ABV’s client. Representatives from three other companies admitted conspiracy to commit fraud and are due to be sentenced later this year.

Separately, another company director represented by ABV was cleared of a £3 million sophisticated binary investment fraud. These typically relate to whether the price of a particular asset will rise above or fall below a specified amount.

In a trial at Southwark crown court in south London, the director was found guilty of money laundering and received a suspended sentence, avoiding prison.