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 L – Secured the acquittal of the defendant accused of money laundering in a private prosecution brought by a multi-million pound company.
  • R v X – Advised a Middle Eastern government in a complex global investigation relating to suspected bribery, fraud and sanction offences.
  • R v M – Secured the acquittal of the main defendant accused of two sophisticated multi-million pound carbon credit “boiler room” frauds.
  • R v K – Defended a director in a nine-week trial concerning a multi-million pound “boiler room” fraud. Case involved directors of a carbon credit brokerage firm selling millions of pounds of VER and CER carbon credits to private investors.
  • R v P – Led by William Clegg QC in a money laundering trial representing the first defendant who was the managing director of a property company.
  • 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


Legal500 (2020) ‘She can very quickly gain the confidence of difficult clients. ’
Chambers and Partners (2020) –  “A highly capable junior with a keen eye for detail and good client skills.”

“She’s extremely clever and she makes good points economically and effectively.”

Chambers and Partners (2019) – Financial Crime: Juniors – “A very able, hard-working and clever
junior.” “She is extremely capable and very talented.”
The Legal 500 (2018) – Fraud: Crime (Leading Juniors) – “An extremely hardworking junior with great
instincts and the ability to charm even the most grisly of prosecutors, judges or jurors.”
The Legal 500 (2017 and 2016) – Fraud: Crime (Leading Juniors) – “She is bright but can explain
complicated concepts very simply”

Publications


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

Memberships


  • Criminal Bar Association
  • Fraud Lawyers Association
  • European and Compliance Lawyers
  • Young Fraud Lawyers Association
  • Women’s White Collar Defence Association
  • Female Fraud Forum
  • Association of Regulatory and Disciplinary Lawyers

Qualifications


  • MA (Cantab)