Timothy Schools of Axiom Legal convicted over role in £100m fraud scheme
Aug 10, 2022. The UK Serious Fraud Office (SFO) has secured the conviction of an investment manager for his role in setting up a fraudulent Cayman Islands-based fund. Timothy Schools created the Axiom Legal Financing Fund in 2009 to provide loans to law firms pursuing no-win-no-fee cases. He managed to secure over £100m ($121m, €118m) from…
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