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Summoned to a police station, Mr. Saatchi said he accepted a formal caution — a police warning given to someone who admits to a minor offense that is not likely to result in prosecution — because "it was better than having this hanging over all of us for months".
Lonuzzi, a civil attorney, said that Joshua would no longer be coöperating with the prosecution, because it was causing him "severe stress" and he was "suffering from a variety of psychological issues".
So too does City regulation; if it does turn out to be impossible to bring a prosecution because it was all so long ago, it will be an all-too fitting book-end to the life and times of the Serious Fraud Office, launched in 1988 to deal with just the kind of allegations made against Mr Nadir, and now facing extinction by merger.
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It also raises questions about whether prosecutors are deferring prosecution because it is in the public interest — or because it creates a rich payday for a friend.
In the last few years, he said, "the administration has been sending the message that we're going to loosen the binds on the market to compete in the global marketplace, and they've pulled the throttle back on prosecutions because it wasn't politically necessary anymore".
Barclays escaped criminal prosecution in part because it was the first to cooperate in the investigation.
Before the trial, Edwards claimed the prosecution was political because it was pursued by George Holding, a US attorney who is now running for Congress in a North Carolina constituency as a Republican.
OPEC is protected from prosecution mainly because it is a multicountry organization headquartered in Vienna, Austria.
Assistant chief constable Chris Tew said it was difficult to bring prosecutions against the gang because it was not what the family wanted.
The move follows a number of cases where prosecutions could not be brought because it was impossible to identify the individual responsible for the abuse.
And no one in Congress seems interested in pushing for prosecutions … because it's "too difficult".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com