Led a large number of cross-border investigations into allegations of fraud, bribery and corruption and other ethics violations
Prepared numerous funds tracing and source of wealth reports
Has taken receivership appointments and directorships in multiple countries, to trace, recover and manage assets
London
@alvarezmarsal
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Daniel Barton is a Managing Director with Alvarez & Marsal Disputes and Investigations in London. He brings more than 25 years of professional experience in forensic accounting investigations, specialising in fraud, bribery and corruption and regulatory issues.
Mr. Barton has worked with clients across a range of sectors and has undertaken assignments in the U.K., mainland Europe, Africa, Asia, the U.S., Russia, Uzbekistan, Kazakhstan and Ukraine. Recently, he has prepared detailed funds tracing and source of wealth reports on behalf of corporate clients and high net worth individuals for use in various types of contentious proceedings. In relation to asset recovery, Mr. Barton has taken English High Court Receiver appointments and directorship positions of on- and offshore companies around the world in order to trace, recover and return assets.
Additionally, Mr. Barton has conducted a large number of investigations into allegations of fraud, bribery and corruption and other ethics violations. Many of these investigations have been cross border and required him to conduct interviews and gather information in multiple countries. He has managed all aspects of these assignments, including multicultural and multilingual teams and the appropriate use of forensic technology specialists.
Furthermore, in relation to bribery and corruption, especially the U.S. Foreign Corrupt Practices Act, Mr. Barton has managed assignments in all aspects of the life-cycle, including providing training and education to corporate management and staff; conducting pre-acquisition due diligence; investigations into allegations of bribery and corruption; and remediation in cases where control gaps have been identified. He has also given evidence as an expert and as a witness of fact in the English High Court on a range of fraud, asset recovery and investigation matters and in criminal and civil cases and arbitral hearings outside of the U.K.
Prior to joining A&M, Mr. Barton was a Managing Director with the Forensic Services practice of PricewaterhouseCoopers in Tokyo.
Mr. Barton earned a bachelor's degree in history from the University of Winchester. He is a Fellow of the Association of Chartered Certified Accountants and a Certified Fraud Examiner. Mr. Barton regularly speaks at fraud investigation and asset recovery conferences; has had articles published; and has been quoted in numerous journals and newspapers, including the Financial Times.
A group of companies whose accounts and funds had been affected by these actions engaged A&M to undertake detailed analysis of financial documentation, so as to deliver a fair and impartial judgement on the source of funds and potential presence of ‘loan recycling’ – meaning illegal activity wherein loaned money is transferred to a ‘safe harbour’ destination or used to repay older loans – across all relevant accounts.
Eddie Middleton, Keith Williamson, Daniel Barton and Davin Teo from Alvarez & Marsal (“A&M”) together with Justine Lau and Jennifer White from Mourant Ozannes presented a seminar to the Hong Kong Venture Capital Association on a global fraud and asset tracing claim by taking the audience through the stages involved in the often lengthy and complex road to recovery.
When the source of funds is contested, involved parties must understand where the money in question can be found and where it has moved in the past, from end to end.
The need for even tighter banking regulations are attracting attention in the wake of recent scandals arising from the release of sensitive documents through websites such as Wikileaks. Despite a gradual erosion of the secrecy behind the once complex institutions, a new challenge has emerged. The recent prosecution of former Swiss banker Rudolf Elmer, who pled guilty to charges of infringing on his country’s strict banking confidentiality code, resulted in the Court’s decision to issue a modest financial penalty and a suspended sentence. Not only is the outcome disappointing to prosecutors, it serves as an unlikely deterrent for other individuals who choose to participate in similar illegal activities.
Latest insightsThe latest insights from Daniel Barton's team
Senior Director Samita Patel outlines how privacy risks, regulatory scrutiny and compliance gaps can materially impact deal value, and how smarter due diligence can uncover both red flags and unrealized potential.
