Called to account

Insight | Duo jailed for laundering £25m

A company director and a cash and carry worker have been jailed for more than 11 years for laundering £25m through a series of shell companies posing as legitimate alcohol businesses

8 Oct 2021

Insight

Called to account

Insight | Court rejects Arron Banks’ £160k inheritance tax appeal

The Court has dismissed the appeal of Arron Banks against a £160,000 tax bill on the £1m donations that he made to the UKIP party between 2014 and 2015

7 Oct 2021

Insight

Called to account

Insight | Company director banned for 18 years

A Sunderland director has been banned for an extra 11 years after reappointing himself as a director whilst serving an initial seven-year disqualification

6 Oct 2021

Insight

Called to account

Insight | Accountancy boss sentenced for offering non-existent jobs

The director of a London company has been given an 18-month suspended sentence for his part in a fraud that saw job applicants apply for positions that did not exist

1 Oct 2021

Insight

Called to account

Insight | Director avoids jail over inadequate company accounts

A company director has been given a suspended sentence for failing to keep adequate company accounting records including keeping records of bank transactions

1 Oct 2021

Insight

Called to account

Insight | SFO investigates £150m property investment schemes

The Serious Fraud Office (SFO) is investigating the Alpha and Green Park group of companies for suspected fraud in relation to the companies’ student accommodation and holiday park developments

29 Sep 2021

Insight

Business

Called to account

Insight | FCA bans adviser after 'understating' income in tax returns

The Financial Conduct Authority (FCA) has banned an independent financial adviser and mortgage intermediary from performing any regulated activity in the financial services industry

27 Sep 2021

Insight

Called to account

Accounting | Global ad agency WPP fined $19m over accounting issues

The US Securities and Exchange Commission (SEC) has fined London-based WPP plc, the world's largest advertising group, more than $19m (£13.8m) to resolve charges that it violated anti-bribery rules and internal accounting controls

24 Sep 2021

Accounting

Financial reporting

Called to account

Insight | Construction boss banned for missing £700k

A Scottish construction director has been banned for seven years after failing to explain more than £700,000 worth of expenditure

24 Sep 2021

Insight

Called to account

Tax | Deliberate tax defaulters face £21.7m in penalties

The latest HMRC deliberate defaulters list shows that £21.7m in penalties are outstanding for tax evasion and related non-payment for the last quarter

23 Sep 2021

Insight | Directors banned over £1.3m withheld from creditors

Two investment brokers have been disqualified for 12 years after transferring over £1.3m into personal accounts while ignoring the company’s creditors

23 Sep 2021

Insight

Called to account

Insight | Director jailed for £250k VAT fraud

A company director has been jailed for fraudulently claiming £251,499 in VAT repayments for windows

22 Sep 2021

Insight

Called to account

Insight | Financial controller jailed for £719k fraud

A financial controller has been jailed after claiming £719,000 of fraudulent VAT claims through his company and moving the money into his bank account over seven years

21 Sep 2021

Insight

Called to account

Insight | Director banned over £4.7m property scheme

A property boss has been disqualified by the courts after two companies took over £4.7m from investors in a Gloucestershire redevelopment scheme

15 Sep 2021

Insight

Called to account

Insight | Construction directors banned over £124k hidden funds

A pair of construction directors from Telford have been banned for nine years each after diverting over £124,000 away from creditors

9 Sep 2021

Insight

Called to account

Accounting | SEC fines Kraft Heinz $62m over financial reporting errors

The US Securities and Exchange Commission (SEC) has charged the Kraft Heinz Company with engaging in a long-running expense management scheme that resulted in the restatement of several years of financial reporting

7 Sep 2021