Jonathan Polnay acted in the Prosecution of investment advisor for defrauding nearly £15 million from investors. The case involved complex third party confiscation proceedings.

Jonathan Polnay led William Davis in this long running MTIC fraud involving five companies and tax losses of around £13M. There were multiple trading chains supported by a wealth of forged documentation, and the proceeds of the fraud were transferred offshore via banks in Eastern Europe and Hong Kong. 

Jonathan Polnay prosecuted this rougue financial advisor who stole nearly £15 million from wealthy clients to fund his gambling addiction and pay his children’s school fees.

News article here.

Jonathan Polnay proescuted this Cambridge University academic who carried out a £2.5 million fraud in government grants. Dr. Ehsan Abdi-Jalebi, 38, a former engineering student and Bye-Fellow at the university, used faked documents to siphon off money into his own accounts from funding allocated to the development of renewable energy projects.

News article here.

Jonathan Polnay led Ben Holt for the Crown in this seven-handed conspiracy to launder the proceeds of a two-million-pound fraud. Instructed by CPS Specialist Fraud Division.

Jonathan Polnay led Ben Holt in this “boiler room” rare earth metals fraud. Both Defendants were convicted after trial of selling worthless Rare Earth Metals as part of an investment. The total value of the scam was £1.9m. Both defendants were convicted and sentenced to a total of 11 years’ imprisonment. Instructed by CPS Headquarters Central Fraud Group.

News report here.

Robert Ellison led Jonathan Polnay for the Prosecution in this 19 defendant Credit and banking fraud with many thousands of pages of served and unused evidence. A conspiracy to defraud creditors and ‘Acquiring Companies’ by abusing technical weaknesses in the ‘chip and PIN’ payment process.  The fraud was so complex that the trial judge described the methodology and money laundering as an ‘impenetrable scheme’.

Jonathan Polnay led Ben Holt for the Crown in a nine-handed standing order fraud that was set up and orchestrated by an inside man working with Nationwide bank. Case involved a considerable amount of forensic and banking evidence. (Investigated by DCPCU, instructed by CPS SCU). Jury were unable to reach a verdict on defendant said to be “inside man”. Prosecuted re-trial alone and the defendant was convicted. Mail Online news report.

Jonathan Polnay appeared for the Crown in this Prosecution of City Banker for defrauding friends and colleagues of £1.8m in a false racehorse investment scheme.

Press report here.