Marcus Wide is a Consultant, based in the Baker & Partners' London office.
Throughout his career Marcus has investigated or liquidated, for the benefit of creditors, most of the major frauds with a Caribbean base. These include one of the world’s largest criminal frauds, in which the principal is serving 110 years in prison. Marcus has recovered or traced assets into 40 jurisdictions world wide, and given evidence in criminal fraud trials in a number of countries.
Marcus’ vast experience and incredible knowledge in matters of fraud and forensic accounting will reinforce the firm's ability to work on highly complex multi-jurisdictional fraud matters requiring litigious asset recovery.
Marcus, together with our expert team will continue to work in close cooperation with the firm’s array of business partners around the world to provide strategic advice at the highest level.
Marcus was admitted to the Institute of Chartered Accountants in England and Wales in 1971 whilst working for Cooper Brothers and, on the recommendation of the Senior Partner, took a transfer to the Canadian firm. He then sought a transfer into the Insolvency group finding a particular interest in that area of practice.
In 1982 Marcus obtained his Trustee in Bankruptcy Licence, and was made a Vice President of the insolvency arm of the firm and in 1984 became a Senior Vice President and Partner.
Marcus had responsibility for Atlantic Canada, and subsequently for oversight of insolvency in the Caribbean.
From early in his career, Marcus became involved in reviewing fraudulent or criminal activity.
Marcus worked with PWC in the Caribbean for 15 years, investigating and pursuing assets in the area of fraudulently run offshore banks.
After retiring from PWC and his continuing consultancy, Marcus joined Grant Thornton as Managing Director of their BVI office. He won many significant assignments. These included being the principal Joint Liquidator of Stanford International Bank, with book liabilities in excess of U$8 billion and over 20,000 depositors. Investigations and asset tracing have given rise to multiple litigation in a number of jurisdictions not only to recover assets, but to get compensation from persons aiding and abetting the fraud. Marcus was also Joint Liquidator of CLF Limited, a Trinidadian conglomerate with 29 operating companies and allegations of improper dealings with related parties to investigate and seek recovery of assets or value. Creditors in that matter approximated US$4 billion. A Chilean fraud had a number of BVI companies which in turn controlled property in a number of other jurisdictions as well as property in BVI. Claims in that matter ran to approximately US$120 million.