A man has been jailed after pleading guilty at the High Court in Edinburgh to a £600,000 fraud involving an international car import business.
The judge was told that John Gilmour, 52, brought four-wheel drive cars from Cyprus to the UK, where he sold them without paying the VAT which was due.
He was given a sentence of two years and three months for cheating Customs
A hospital manager who helped steal £585,000 – thought to be one of the biggest frauds against a single NHS trust – is facing a long jail term.
Joy Henry, 47, siphoned off the money over four years from King’s College NHS Trust, and split the proceeds with her then boyfriend, who is still missing.
Henry, of Elliot Court, South Norwood, admitted one count of conspiracy just before her trial was due to start
Two former bosses of US manufacturer Tyco have been sentenced to up to 25 years in jail for stealing more than $150m (£82m) from the company.
Former Tyco chief executive Dennis Kozlowski and finance chief Mark Swartz were taken from the court in handcuffs.
They were also ordered to repay most of the money, which they spent on expensive jewellery, luxury apartments and giant $2m Mediterranean parties
Two lighting contractors who defrauded the Millennium Dome company out of £4m have been jailed by a London court.
The judge said Simon Brophy took advantage of “chaos” in the building of the Dome and jailed him for 56 months.
Brophy, 39, of Wakefield, West Yorks, admitted conspiracy to defraud, corruption, providing false information and moving crime proceeds from the UK
Prosecutors are set to seek criminal charges against several certified public accountants at a Japan unit of the PricewaterhouseCoopers group, suspecting that they collaborated with executives at Kanebo Ltd in an accounting fraud that has humbled what was once a premier cosmetics and textile company, investigative sources said Saturday.
The sources said the accountants at Tokyo-based ChuoAoyama PricewaterhouseCoopers worked together with two executives in producing consolidated financial statements that concealed 81.9 billion yen in capital deficit in fiscal 2001 and 80
A gang of four fraudsters, including a former US judge and a music producer, has been jailed for a total of 22 years for their part in a £40m VAT fraud.
For over two years the group bought and sold mobile phones through bogus firms, using fake receipts to charge VAT.
Musician Stephen Pigott, 42, of Dubai, was jailed for nine years while ex-New York judge Stacey Haber-Hofberg, 43, of Liphook, Hampshire, received six years
The Securities and Exchange Surveillance Commission filed a criminal accusation of accounting fraud Wednesday against Kanebo Ltd. and three former executives of the textile and cosmetics company now undergoing rehabilitation.
The three executives — former President Takashi Hoashi, 69, former Vice President Takashi Miyahara, 63, and former Managing Director Kenzaburo Shimada, 59 — were arrested July 29 for allegedly submitted falsified financial statements to financial authorities
Global accounting giant KPMG has agreed to pay a $456m fine to settle a case related to past tax shelter sales.
The deal means KPMG will avoid potentially crippling criminal charges.
But prosecutors have charged nine people – mainly former KPMG executives – with conspiring to defraud US tax authorities in relation to the case
US watchdogs have charged two ex-top executives of Kmart with fraud in the lead up to the retailer’s bankruptcy.
The Securities and Exchange Commission (SEC) has accused ex-chief executive Charles Conway and ex-finance chief John MacDonald of misleading investors.
The men made “materially false” statements about Kmart’s ability to pay its bills in the lead up the firm’s bankruptcy in 2002, the SEC alleged
Two former directors of US drug company Bristol-Myers Squibb are been sued for civil damages after being accused of masterminding a $1.5bn ($833m) fraud.
The Securities and Exchange Commission watchdog alleges that Frederick Schiff and Richard Lane devised a scheme to inflate sales and profits at the firm