In this month’s scandals, convictions and penalties, first arrest over fraud involving the furlough scheme, boss banned for paying himself bonuses as the company went into liquidation, and restaurateurs served with bans over tax failures

Two men and two women have been arrested as part of an investigation into a suspected multi-million pound phone scam targeting UK taxpayers

Two restaurateurs have been disqualified from managing companies after they caused their outlets to abuse the tax regime, owing more than £1m in tax between them

A recruitment company boss has been banned for six years after paying himself a £150,000 bonus just before the company went into liquidation owing £289,000 in tax

A West Midlands man has been arrested in connection with a suspected £495,000 fraud involving the government’s Coronavirus Job Retention Scheme (CJRS), the first such action over potential furlough fraud

The boss of a Paisley takeaway has been given a nine-year directorship disqualification after concealing the company’s tax liabilities for five years, owing HMRC over £100,000

The Financial Conduct Authority (FCA) is seeking to impose a £658,900 market abuse fine on Conor Foley, former CEO of failed spreading betting firm Worldspreads, and ban him from performing any roles linked to regulated activity

In this month’s scandals, convictions and penalties, finance chief jailed over fake HMRC payments, restaurant boss served with ban over tax discrepancy, and restaurateur banned over lack of accounting records

A finance chief at a city bank has been jailed for four and a half years after he created two fake payments worth £2.9m, from his employer to HMRC, and then diverted the funds to himself

A restaurateur from Weston-Super-Mare has been given a six-year disqualification after failing to maintain the company’s books and records

Lloyds Bank, Bank of Scotland and The Mortgage Business have been fined a total of £64m for failures in relation to their handling of mortgage customers in payment difficulties or arrears

In this month’s scandals, convictions and penalties, ex HMRC accountant, and author of a guide to beating the tax authorities, found guilty of tax fraud, world cup winning cricketer shamed on HMRC’s list of tax defaulters and trainee accountant defrauded his employer of £58,000, which he spent in six months on a car and alcohol

A North London restaurateur who under-declared more than £200,000 in tax has been disqualified from being a company director for six years

The trustee of a poverty relief charity has been disqualified and the charity removed from the official register, after a regulatory inquiry found he had stolen around £240,000 from Buckinghamshire-based GTC

A trainee accountant who defrauded his employer of £58,000, which he spent in six months on a car and alcohol, has been given a suspended jail sentence