§ Lord Phillips of Sudburyasked Her Majesty's Government:
How many prosecutions for insider dealing have been brought by the Special (sic) Fraud Office or any other government agency in the past five calendar years; and how many have resulted in conviction. [HL2785]
§ The Attorney-General (Lord Goldsmith)The Serious Fraud Office has commenced one prosecution against four defendants for an offence of conspiracy to commit an offence under Section 52 Criminal Justice Act 1993, namely insider dealing.
The defendants were charged in December last year with this offence. The case has been sent to the Crown Court but a date has yet to be fixed for trial.
In addition, the CPS does not hold central records about this type of offence and the information could only be obtained at disproportionate cost. However, the CPS Casework Directorate has indicated that it is handling one current case involving five defendants charged with a variety of offences connected with the insider dealing provisions. The case is in its early stages at the Crown Court.