Piers Rake is a Managing Director at FTI Consulting. He is in the Financial Services practice, within the Forensic and Litigation Consulting segment and has 17 years of experience helping businesses, international organisations and governments to investigate and respond to allegations or instances of fraud, corruption, bribery, money laundering and other acts of wrongdoing and misconduct.
Although currently based in London, Piers has spent a significant portion of his career living and working overseas, including leading financial and non-financial cross border investigations in Europe, the Middle East and in North and Sub-Saharan Africa, on behalf of clients operating in a range of sectors, including financial services, healthcare, energy & power, construction and the public sector.
Having been the global head of financial crime investigations for a large transatlantic consumer and wholesale bank, Piers has particular experience in financial services, and has a comprehensive understanding of complex money laundering and terrorist financing typologies and financial crime threats that affect global financial institutions. He was also the bank’s accountable Global Nominated Officer, under the UK’s money laundering and terrorist financing legislation, and has experience of advising banking executives on compliance with their legal and regulatory obligations.
Piers has led investigations in to organized crime networks, high-end money laundering and fraud, including in relation to: drugs and human trafficking, ‘shadow-banking’ schemes (including ‘Laundromats’), trade-based money laundering, cash-funneling, investment and accounting fraud, cross-border corruption, tax evasion and sanction circumvention.
Piers has a detailed knowledge of the application and use of authorized information-sharing gateways, as well as the new investigative and enforcement powers under the Criminal Finance Act 2017, including Account Freezing and Unexplained Wealth Orders.
Piers also supports clients and their legal advisors in relation to civil disputes, criminal proceedings, regulatory investigations and settlement negotiations.
Piers is a Solicitor of the Senior Courts of England and Wales, a former Partner in a London-based Commercial litigation firm and a Certified Fraud Examiner (CFE).
T: +44 20 3727 1000
London, EC1A 4HD
Corporate Fraud & Investigations
Forensic Litigation Consulting