Called to account

Insight / Construction boss banned over tax failures

The boss of Bolton-based company that supplied construction workers has been disqualified for seven years for failing to declare all the company’s tax liabilities

Insight / Nissan and ex-chair face charges over pay reporting

Japanese car giant Nissan and its former chairman Carlos Ghosn and an adviser, representative director Greg Kelly, have been indicted for violating the Japan Financial Instruments and Exchange Act, by making false disclosures relating to the executive’s pay in annual securities reports

Insight / Nine-year ban for director over assets abuse

A businessman from Stirling has been banned for nine years for abusing a company’s assets by transferring them to help clear debts, after the company was wound up for non-payment of taxes

Insight / Called to account: December 2018

In this month’s roundup of cases and disqualifications, trainee accountant sentenced for £30K VAT fraud, first fine for accountant under The Pension Regulator’s enrolment rules, director banned for failing to keep company records and Somerset man jailed for £650K VAT fraud

Insight / Horse researcher jailed for multiple frauds

A woman from Cheshire who set up a specialist horse research company has been jailed for four-and-a-half years after she defrauded a series of organisations to clear her debts and submitted £43,000 in false VAT returns

Insight / Autonomy CEO and finance exec face US fraud charges

The US government has brought fraud charges against Mike Lynch, CEO and founder of Autonomy, and Stephen Chamberlain, former vice president of finance, relating to the software company’s $11bn (£8.6bn) sale to US tech giant Hewlett Packard (HP) in 2011

Insight / US boxer and DJ settle crypto coin touting claims with regulator

Two celebrities - professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled - have between them paid over $700,000 to settle charges in the first cases to be brought by the Securities and Exchange Commission (SEC) related to unlawfully touting initial coin offerings (ICOs)

Insight / Deutsche Bank investigated over money laundering

The headquarters of Deutsche Bank in Frankfurt have been raided by prosecutors in a money laundering investigation connected to information gleaned as a result of the Panama Papers leaks

Insight / Nightclub boss banned for failing to keep accounting records

An Edinburgh nightclub boss has been banned for six years after failing to ensure the company kept proper accounting books and records

Insight / Interior design company wound up for fake accounting

An interior design company based in Kent has been wound up in by the courts after it was found to be used as a vehicle to fraudulently secure credit

Insight / 12-year ban for directors over £800K of connected payments

Two marketing bosses have been disqualified for total of 12 years after causing their company to pay more than £830,000 to businesses they had connections with, while they also owed over £300,000 to creditors

Insight / Second jail term for failing to pay back £75K

A Birmingham fraudster has been jailed for a second stretch of 20 months for failing to pay back the £75,000 owing from a two-year tax fraud

Insight / Double disqualification for married printing bosses

A married couple who ran a printing company have been disqualified for a total of 14 years after the husband breached a previous disqualification for failing to ensure a company complied with its tax obligations

Insight / £13m tax and immigration fraud puts gang in jail

An ACCA-qualified accountant was one of a gang of five fraudsters who falsely claimed £13m in tax repayments, and facilitated around 900 bogus visa applications, and who have been sentenced to a total of more than 31 years in jail

Insight / Restaurant owner faces jail over £200k tax fraud

The owner of three Indian restaurants in Dorset has been jailed for a £203,763 tax fraud after an investigation by HMRC
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