Vedrana Pehar

Year of Call: 2008  


Overview


Vedrana Pehar is recognised as a leading junior in the highly complex arena of fraud. She handles the full range of financial crime cases, including serious fraud, insider dealing and market abuse, corruption and bribery (domestic and international), benefit and mortgage fraud and money laundering. Vedrana has been instructed in some of the largest and most high-profile cases before the UK courts involving senior executives, corporate entities and global institutions, including LIBOR rate–fixing, Weavering Capital Fund fraud and Dahdaleh.

Vedrana has a detailed understanding of both the law and procedure relating to ancillary proceedings, such as restraint proceedings, confiscation proceedings and Administrative Court proceedings. Vedrana is well-placed to advise clients on all aspects of asset forfeiture, from pre-charge restraint through to post-conviction confiscation, or civil recovery in the event of acquittal.

Vedrana is a committee member of the Female Fraud Forum. She regularly contributes to publications and presents to law firms and corporates on financial crime matters.

Vedrana is qualified to accept instructions directly from clients under the Bar Council’s Public Access Scheme.

Recent Cases

  • R v M & Others (LIBOR III): Representing the first defendant in the third trial involving manipulation of the USD LIBOR rate.
  • R v Buckingham: £15m money laundering acquittal.
  • R v Peterson: Fraudulent trading in financial instruments involving the collapse of Weavering Capital Fund an alleged loss of $626m.
  • R v Dahdaleh: One of the largest prosecutions undertaken by the SFO in relation to bribery and corruption. Acquitted on all counts.

Crime


Cases

  • R v Dahdaleh: Vedrana was seconded to Norton Rose Fulbright for nearly a year to join a legal team representing British-Canadian businessman Victor Dahdaleh. Mr Dahdaleh was acquitted in December 2013 at Southwark Crown Court of all eight counts relating to allegations of multi-million dollar corruption in Bahrain after the Crown offered no evidence. This was one of the largest corruption cases brought by the SFO and involved a series of complex jurisdictional issues. Vedrana has a strong understanding of bribery and corruption offences in foreign jurisdictions (such as the US, Switzerland and Middle East), as well as restraint and confiscation proceedings.
  • Operation Tebernula: Vedrana has extensive experience in the field of white collar crime, particularly within the financial services sector. She was instructed by and seconded to the FCA in Operation Tabernula, the largest ever and most complex insider trading prosecution brought by the FCA.

Fraud


Vedrana has been involved in several ongoing serious white-collar matters, both commercial and financial, brought by bodies including the Serious Fraud Office (SFO) and the Financial Conduct Authority (FCA).

‘She is bright but can explain complicated concepts very simply.’ Legal 500 2016: Fraud (including money laundering and asset forfeiture) – Leading juniors

Cases

  • R v M & Others (LIBOR): Vedrana was a junior in a three month trial involving manipulation of the USD LIBOR rate.
  • R v Buckingham: Junior in a two month complex £15m money laundering. Alcohol diversion fraud.
  • R v Peterson: Fraudulent trading in financial instruments involving the collapse of Weavering Capital Fund an alleged loss of $626m.
  • R v Dahdaleh: Vedrana was seconded to Norton Rose Fulbright for nearly a year to join a legal team representing British-Canadian businessman Victor Dahdaleh. Mr Dahdaleh was acquitted in December 2013 at Southwark Crown Court of all eight counts relating to allegations of multi-million dollar corruption in Bahrain after the Crown offered no evidence. This was one of the largest corruption cases brought by the SFO and involved a series of complex jurisdictional issues. Vedrana has a strong understanding of bribery and corruption offences in foreign jurisdictions (such as the US, Switzerland and Middle East), as well as restraint and confiscation proceedings.
  • Operation Tebernula: The largest and most complex insider trading prosecution brought by the FCA.
  • R v Davies: Vedrana was a junior counsel on a two month trial in Bristol Crown Court representing a property tycoon accused of masterminding a multi-million pound fraud scheme spanning over 11 years. The prosecution offered no evidence after vigorous challenges and legal arguments in relation to the credibility of prosecution witnesses.
  • R v Cox: Two month mortgage fraud involving a HSBC bank manager.

Directory Quotes


  • “She is bright but can explain complicated concepts very simply.” Legal 500 (Fraud) 2016

Publications


  • Consent of Principal: effect under the Bribery Act 2010 – Fraud Intelligence

Memberships


  • Association of Regulatory & Disciplinary Lawyers
  • Criminal Bar Association
  • The Female Fraud Forum
  • Young Fraud Lawyers

Qualifications


  • MA (Cantab)