Daily Bar News

Todays Date: Click here to add this website to your favorites
  rss
Bar News Search >>>
law firm web design
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
D.C.
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Mass.
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
N.Carolina
N.Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
S.Carolina
S.Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
W.Virginia
Wisconsin
Wyoming


The arrest of two of the three brothers who headed up the Marrache & Co law firm here has sent shudders through the financial services and legal sectors. The Financial Services Commission has withdrawn licences it had issued to Marrache, prompting the seizure of clients’ investment funds.

Whether lawyers at what was considered one of the best firms on the Rock had any inkling of what was afoot remains to be discovered. Last week, Benjamin and Solomon Marrache, the two brothers facing multi-million pound fraud charges, were refused bail and remanded in prison by the Magistrates Court.

Stipendiary Magistrate Charles Pitto said there was a high risk of the two men fleeing Gibraltar as the police probe into the affairs of Marrache & Co intensified. Attorney General Ricky Rhoda, QC, said the scale of the alleged fraud appeared to be larger than investigators first thought. If convicted, the brothers could spend up to 10 years in jail. Supposedly if more wrong doing is discovered, their future lives behind bars may be extended.


ⓒ Daily Bar News - All Rights Reserved.

The content contained on the web site has been prepared by Daily Bar News
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance.

Law Firm Website Design by Lawyer Website Design That Works