Acquittal in SFO £100m Imperial Consolidated prosecution

Peters & Peters successfully defended Nicholas Grant Fraser, one of the defendants in the SFO’s Imperial Consolidated case, who was acquitted by the jury on 29 September 2008 following a six month trial at Blackfriars Crown Court.  He was accused of conspiring with others between 1 January 1998 and 30 June 2002 to defraud investors in investment schemes established, promoted and operated by the Imperial Consolidated Group of Companies which the SFO alleged collapsed in 2002 with a shortfall of over £100 million in its UK operation.  The jury was unable to reach verdicts in relation to his co-defendants who face a re-trial in 2009.