Called to account

Insight | Accountant jailed for £150k fraud

An accountant from Gloucester has been jailed for two years after defrauding three businesses of almost £150,000 between April 2016 and June 2017

23 Jan 2023

Insight

Practice & Industry

Law and regulation

Called to account

Tax | Doug Barrowman tax firm flagged for avoidance schemes

AML Tax has been called out by HMRC for three tax avoidance schemes it is offering taxpayers

20 Jan 2023

Insight | Jailed accountant ordered to pay back £237k

An accountant who was jailed for defrauding the NHS, companies and individuals, has been ordered to pay back nearly £240,000 and faces an additional 20 months in prison if he fails to pay

19 Jan 2023

Insight

Called to account

Insight | Nascimento sentenced for failing to pay confiscation order

A convicted fraudster who masterminded a £2.8m investment fraud has been given an extension to his sentence after failing to repay lost funds

17 Jan 2023

Insight

Called to account

Tax | Orthodontists lose £300k tax appeal over gold purchase

An orthodontics company has lost a First Tier Tribunal (FTT) appeal regarding tax liability related to an employee benefit trust involving £300,000 worth of gold bullion

17 Jan 2023

Tax | Former chancellor owes HMRC £3.7m in unpaid tax

Nadhim Zahawi has agreed to pay millions of pounds in tax to HMRC following a dispute over his family’s financial affairs

16 Jan 2023

Tax | Trump Organization fined $1.6m for tax fraud

The Trump Organization has been ordered to pay $1.6m (£1.3m) after being found guilty of criminal tax fraud related to running a scheme to defraud tax authorities for 15 years

16 Jan 2023

Insight | Former highways council worker jailed for £1m fraud

A former highways worker has been jailed for stealing almost £1m from Birmingham City Council, before fleeing to the US

16 Jan 2023

Insight | Former footballer jailed for £8m ponzi fraud

A former Premier League footballer has been jailed for defrauding friends, family and associates out of £8m in a pyramid investment scheme

13 Jan 2023

Insight

Practice & Industry

Called to account

Insight | HMRC mistakenly named estate agency for AML breaches

An estate agency was accidentally named and shamed by HMRC in December over alleged anti-money laundering (AML) breaches

12 Jan 2023

Insight | Charity owner banned for £50k bounce back fraud

A charity director has been banned for seven years after fraudulently taking a £50,000 bounce back loan for his charity

12 Jan 2023

Insight | Guaranty Trust Bank fined £7.6m for AML failures

The Financial Conduct Authority (FCA) has fined Nigeria’s Guaranty Trust Bank (UK) Limited £7.6m for failures in its anti-money laundering (AML) controls

10 Jan 2023