Called to account

Insight / Tennis star Boris Becker’s bankruptcy restrictions extended

Former tennis champion Boris Becker has been given a 12-year extended bankruptcy restriction following the Official Receiver’s investigation into assets and transactions valued in excess of £4.5m

Accounting / Nikkei hit by $29m transfer fraud

Japanese media giant Nikkei, which owns the Financial Times, has admitted it has been the victim of a $29m (£22.4m) money transfer fraud

Accounting / 10-year ban for ex-BHS director Dominic Chappell

Former BHS director Dominic Chappell has been disqualified for 10 years, and his father given a five-year ban, following an Insolvency Service investigation into a series of financial dealings involving the retail chain

Insight / Regulator finds misconduct and mismanagement at charity

Three trustees of a Hereford and Worcester-based charity have resigned after a regulatory inquiry uncovered a string of failures in its governance, finances and safeguarding

Insight / Called to account: November 2019

This month’s named and shamed consists of a Deloitte audit partner who was fined £120k by the FRC, directors banned over failing to put creditors first, a land engineering boss banned for 11 years over tax offences and money launderers jailed for role in £1m ‘rare earth’ metal scam

Insight / Football charity Kick It Out faces bullying claims

The staff at football charity Kick It Out (KIO) have been let down by their management and trustees over a failure to deal with sexual harassment, bullying and safeguarding

Audit / FRC fines Deloitte audit partner £120,000 over misconduct

The Financial Reporting Council (FRC) has fined Deloitte audit partner Ross Howard £120,000 for misconduct in the audit of the financial statements of Serco Geografix Ltd for the year ended 31 December 2012

Insight / Directors banned over failure to put creditors first

A family of directors from Bedfordshire have been banned for a total of 19 years after they took advantage of their creditors and owed over £50,000 to HMRC

Insight / Disqualified director’s second jail term for illegally running company

A disqualified director from Birmingham has been jailed for a second time, when an Insolvency Service investigation found he was illegally running a company soon after leaving prison following a five-year sentence for operating a fraudulent financial services company

Insight / Called to account: October 2019

In this month’s scandals, convictions and penalties, an accountant is jailed for a £140,000 fraud at a family engineering business, two Glaswegian restaurateurs banned over VAT scam, father and son sentenced in horse-box tax fraud and a foreign exchange business given a record fine for anti-money laundering rules breach

Insight / Tax offences land engineering boss 11-year ban

The director of an engineering firm has been banned for 11 years for failing to pay £200,000 in tax owing while withdrawing £1.2m from the company for himself

Accounting / Pharma company pays $30m for accounting disclosure failures

Global pharmaceutical company Mylan is to pay $30m (£24m) to settle allegations from the Securities and Exchange Commission (SEC) that it failed to report details of a scandal involving sales of its EpiPen product in accordance with accounting rules, thereby misleading investors

Insight / Money launderers jailed for role in £1m ‘rare earth’ metal scam

Three money launders who pocketed a share of a £1m from a ‘rare earth’ metal scam have been jailed‎

Insight / Tax fraud couple splashed cash on jewellery and cars

A company boss and his wife, who funded their lavish lifestyle through a £194,280 tax fraud, have been sentenced

Insight / Accountant tricked girlfriend out of thousands in cancer scam

An accountant who cheated his internet girlfriend out of £4,300 by claiming he was dying from stomach cancer has received a suspended prison sentence
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