Benjamin Newton KC defends in £800k Forex Capital Markets and Crypto Currency fraud
The 7-count indictment involved 6 separate but personally connected victims. Over a 5-year period, MB purported to invest sums in excess of £800K into both the Forex Capital Markets and various Cryptocurrency platforms.
Notwithstanding the initial sums invested, Benjamin, Jonathan and Sam’s careful financial analysis led to the court accepting a loss figure of almost half the invested sum for the purposes of sentencing. The defence team was specifically acknowledged by the sentencing judge for the hard work, attention to detail and careful analysis shown in advancing MB’s defence.
Careful submissions advanced on the part of MB, including reference to previously undiagnosed but significant mental illness, resulted in a reduced 4-year sentence.
The matter was reported both locally and nationally.