The Securities and Exchange Commission (SEC) is charging nine defendants who hacked into the regulator’s electronic data gathering, analysis, and retrieval (EDGAR) system and extracted non-public information to use for $4m (£3.09m) of illegal trading
The boss of Asian-style takeaway in Cardiff has picked up a second disqualification after being caught running the business when he had already been banned for failing to pay significant amounts of tax
An accountant who committed a fraud at one of her employers, which meant the company had to make five redundancies among staff, and who then went on to steal money from a second business has been jailed for 32 months
Three sisters from Manchester have been jailed for a total of 60 months after stealing the passport details of tourists to falsely claim £323,000 in VAT refunds
A church leader who lied about charity donations to fraudulently claim £150,000 Gift Aid repayments and five fraudsters who falsely claimed £13m in tax repayments are two cases which have made HMRC’s top 10 criminal cases of 2018
Accountancy Daily brings you a selection of cases involving members of the accounting profession – and a few others – who did not escape the long arm of the law during 2018
A Chinese restaurant owner, who evaded more than £1m in tax by claiming his business made pottery and had a tiny turnover, has been jailed for three years, following an HMRC investigation
An accountancy firm director has been given a 12-year disqualification from running companies after he helped one of his clients to defraud creditors of more than £1.65m
A mother and son who ran a restaurant in Blackburn have been disqualified for seven and four years after they under-declared the company’s full cash takings to the tax authorities
A company director, who funded his hobby racing sports cars across Europe through a £450,000 tax fraud, has been jailed for three years and four months
A Hampshire tax fraudster has been sent back to jail for failing to repay the £190,555 he obtained by evading capital gains tax (CGT) by failing to declare earnings from property sales
An online electrical goods seller based in China and a payroll services company from London top the latest HMRC of tax defaulters, while takeaway owners, dog breeds and IT consultants are among others to be named and shamed
The Financial Conduct authority (FCA) has banned Angela Burns from acting as a non-executive director (NED) and fined her £20,000 for failing to act with integrity at two mutual societies because she did not notify them of potential conflict of interest
A Glasgow mobile phone boss who submitted false tax returns and fake accounts, resulting in non payment of over £500,000 in tax, has been banned for ten years following an Insolvency Service investigation
