the UK's Solicitors Regulation Authority is prosecuting one of the UK's more infamous libel law firms (Carter Ruck) for silencing critics of the massive OneCoin ponzi scheme (2nd only to madoff) that imploded back in 2017.

sadly there's a million other cases of Big Law firms openly aiding and abetting out and out frauds that will go unpunished, but it's nice to see at least some kind of minimal attempt at justice

(the story of OneCoin is completely insane; worth a read if you haven't run across it before)

https://taxpolicy.org.uk/2023/12/18/carter-ruck-acted-for-fraudster

#uk #ukpol #carterRuck #libel #OneCoin #RujaIgnatova #ponzi #ponziScheme #eupol #bulgaria #FCA #SRA #BigLaw #law #lawstodon #PrivateEye

How libel firm Carter-Ruck recklessly enabled a $4bn fraud

Carter-Ruck’s actions likely caused more people to lose more money to the fraud - and this was foreseeable at the time.

Tax Policy Associates