Called to account

Audit / SEC charges two former KPMG auditors for improper professional conduct

The Securities and Exchange Commission (SEC) has suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of a not-for-profit college

Insight / Drinks company that falsified accounts faces £300k collapse

A drinks company that used false bank statements to obtain £300,000 from lenders under false pretences has been wound up in court

Insight / Administration services firm boss banned for £373k VAT fraud

Boss of Cambridge-based administration services provider has been banned from being a director for 10 years after fraudulently evading hundreds and thousands of pounds worth of tax

Insight / Ban for caterer who failed to pay £500k in taxes

A caterer has been handed a seven-year disqualification after deliberately avoiding paying £500,000 in taxes

Insight / Restaurant boss banned for hiding takings to avoid £266k tax

A Warwickshire restaurateur has been banned for five years after he hid his business’s true takings to avoid paying the correct taxes

Insight / HMRC's ‘most wanted’ tax cheat jailed

The ringleader of a plot to smuggle millions of illegal cigarettes has been jailed - three years after he flew to Lithuania to avoid an HMRC investigation

Insight / Fashion boss jailed as accounts unravel

The boss of a Leicester clothing manufacturer has been jailed for six months after failing to provide adequate company accounting records, or to pay £300,000 in tax

Insight / Called to account: February 2021

In this month’s round-up of significant director bans and tax evasion, director banned over faked £190k tax rebate claim and seven-year ban for caterer over missing £265k in tax

Insight / Lender who faked millions in accounting records banned

The director of a Leeds finance company has been banned for 11 years after adding more than £12m in false entries to company records over a three-year period, to conceal the true amount of money loaned to clients

Insight / Insider dealer faces paying £3.9m or more jail

A day trader who was jailed for three years for insider dealing has now been ordered to repay £3.9m from the proceeds of his crime within the next month, or face a further five years in prison

Insight / Director banned over faked £190k tax rebate claim

A director from Manchester has been banned for 11 years after falsifying bank statements and invoices to fraudulently claim some £190,000 in tax repayments

Insight / Missing £1m tips waste boss into ban

The boss of a skip company has been banned for seven years after failing to provide accounting records for over £1m of payments

Insight / Seven-year ban on the menu for caterer over missing £265k in tax

A takeaway owner from Kent has been banned for seven years after undeclaring orders to avoid paying £265,000 worth of taxes

Insight / £1m unaccounted expenses sparks ban for electrician

A Surrey electrician has been banned from running companies for seven years after failing to explain the legitimacy of close to £1m of expenses taken out of the company bank account

Insight / Deutsche Bank pays $120m to settle bribery charges

Deutsche Bank has agreed to pay $120m (£89m) to resolve bribery charges brought by the Securities and Exchange Commission (SEC) relating to violations of the Foreign Corrupt Practices Act (FCPA)
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