How to fall foul of the US law
Many of us operate happily in our institutions, without any knowledge of the risks we might face due to financial and regulatory failings. That came home to rest for a three managers in NatWest Bank: Giles Darby, David Bermingham and Gary Mulgrew. These three became notorious as the NatWest Three when, in 2002, they were indicted on a range of wire fraud charges by the American law enforcement authorities. After a high-profile battle in the British courts, they were extradited to the United States. The result was three years in jail. If you fail to understand how law enforcement agencies perceive the world outside your own, you run the risks of falling foul as this case proved.
In this fascinating evening, David Bermingham will recount his story after an introduction from Rowan Bosworth-Davies. Rowan is an expert in financial crime, who will outline the actual draconian powers the US possesses especially their extraterritorial powers.