Financial Crime World

Title: Cyprus Law Firm’s Success in Handling Financial Crime Cases: €2M Recovered for Clients

Financial crime is a growing concern in the current business landscape, leaving victims in a complex maze of losses due to negligence, fraud, or regulatory violations. Wrongdoers can come from various sources such as banks, financial services companies, investment firms, forex brokers, dealers, portfolio managers, and market makers.

In Cyprus, the FS Regulatory advisory team of a leading law firm collaborates with their litigation experts to tackle financial crime cases. Their extensive expertise and successful track record make them an indispensable ally for investors whose financial security is at risk.

Technical Expertise and Regulatory Knowledge

The team’s unique ability to file technically nuanced court claims and prepare detailed reports for regulatory bodies such as CySEC, the Central Bank, and MOKAS sets them apart in the field. Some of their key achievements include:

  • Representing 53 clients in a class action lawsuit against a Cyprus-regulated investment broker for fraud and regulatory misconduct, with losses totaling over €2 million.
  • Securing a freezing injunction against a defendant’s bank accounts in a recent case.
  • Representing prominent Cyprus banks, including Bank of Cyprus PLC, Hellenic Bank PLC, and Alpha Bank (Cyprus) Ltd.

High-Profile Victories

The team’s reputation as a formidable adversary for banking, financial, and investment institutions is unparalleled in Cyprus. Some of their notable success stories include:

  • A successful settlement in favor of an individual trader who lost over $1.8 million in FX trading with a leading forex broker.
  • Obtaining a tracing order and a freezing order in a financial fraud case involving a global trading company via the Nicosia District Court.

These achievements have given the firm a strong stance against financial crime, proving their dedication to seeking justice for those wronged.

Seeking Guidance and Representation

For those looking for guidance or representation in financial crime cases, contact the FS Regulatory advisory team at the law firm now for tailored assistance.