Katsumi Matsuzawa

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British law firm rakes in fees for helping fraudster with Invaro scheme

A top British law firm helped a serial fraudster client - Bill Godley - set up an investment scheme that wiped out a Japanese pension fund, OffshoreAlert can reveal. Charles Russell solicitors drew up contracts, attended a planning meeting in Portugal, helped with an offshore bank account, and was even asked to help prepare a "due diligence" report to give credibility to the scheme, known as 'Invaro'. The law firm has received more than £2 million ($3.5 million) in legal fees from Godley-related parties, including a Bahamas IBC, said a source.