Called to account

Insight / VAT fraud ends in jail for party boss

A North East businesswoman who forged invoices as part of a £87,000 VAT fraud involving her party businesses, has been jailed for failing to comply with an order to repay the money

Insight / Yahoo fined $35m for failing to disclose cybersecurity breach

Web services provider Yahoo has been fined $35m (£16.5m) by the US Securities and Exchange Commission (SEC) to settle charges that it misled investors by failing to disclose one of the world’s largest data breaches in which hackers stole personal data relating to hundreds of millions of user accounts

Insight / IT director given jail sentence for £190K VAT fraud

An IT company director who made more than £190,000 of fraudulent VAT claims has been jailed for three years following an HMRC investigation

Insight / Businessmen jailed for £145k VAT fraud and money laundering

Two businessmen have been jailed for a total of eight years and seven months after stealing £145,000 in VAT and laundering money for individuals who are in prison for a £2.6m tax fraud

Insight / Barclays CEO faces fine over whistleblower probe

The Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation Authority (PRA) are to fine Barclays CEO Jes Staley over an alleged breach of conduct after he attempted to find out the identity of a whistleblower in 2016

Insight / False contracts fraudster ordered to pay £195k

A former finance director who was given a ten-year jail sentence for his role in a £160m financing fraud has been ordered to pay a confiscation order of £194,343 in full within three months or a default sentence of two years will be activated

Insight / Extended bankruptcy for FC who diverted employer’s funds

A financial controller has received a 13-year bankruptcy restrictions order (BRO) following a trial for diverting funds from her employer to herself, after an investigation by the Insolvency Service

Insight / Four-time bankrupt hit with fourteen-year restriction

A man who has been made bankrupt four times has been handed a 14-year bankruptcy restriction, for obtaining credit without disclosing to his lenders he had been banned from doing so

Insight / Ex-accountant property developer sentenced for VAT fraud

A city accountant turned property developer who created false invoices to commit £260,000 VAT fraud has been given a suspended jail sentence following an HMRC investigation

Insight / Pub landlords disqualified over insolvency abuse

Two pub landlords from Cheshire have been disqualified for seven years after an Insolvency Service investigation found they had abused insolvency laws to avoid paying debts, while continuing to keep their pub open

Insight / Absconding manager jailed for tax fraud

The manager of a male stripping troupe, who was sentenced in her absence for tax and benefit fraud, has been jailed after more than a year spent on the run

Insight / Jail for ringleaders of tax fraud labour gang

The ringleaders of an eight-strong gang of labourers from the West Midlands have been jailed for attempting to steal £300,000 through fake tax claims which were uncovered during an HMRC investigation

Insight / Called to account: April 2018

In this month's roundup of cases and disqualifications, HMRC triumphs in Cyclops tax avoidance case, 12-year ban for director over fake invoices, jail for tax fraudster over £280k

Insight / Businessman banned for moving £1m to avoid paying debts

A boss of an Aintree-based construction firm has banned from running companies for eight years after he moved more than £1m out of his failing business to avoid paying debts

Insight / Church leader jailed for £150k gift aid fraud

A church leader from Luton, who lied about charity donations to fraudulently claim £150,000 gift aid repayments, has been jailed for four years after an investigation by HMRC
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