• Share
  • Print
world's worst accountant
Part II of our series

Who is the world's worst accountant? - PART II

A surprising number of fakes, frauds, scammers and rogues have hit the headlines since our last special

Written by Accountancy Age

In six months since our last 'world's worst accountant' special there have been a surprising number of fakes, frauds, scammers and rogues in the headlines.

From ill-advised celebrities to corporate high-fliers to humble bookkeepers; too many have been tempted by the dark side of the numbers game.

Obviously, not all of these individuals are accountants, but whoever they are, they must have had some of the worst financial advice in the business.

Read the stories below to see who was caught in the act. But a little parental advisory: don't try this at home, kids!

Wesley Snipes faces court over unpaid tax bills
Snipes will raise the defence that he didn't pay six years in tax on the advice of tax accountants

Austrian accountant jailed for embezzling human rights funds
Stolen money paid for breast augmentation and a nose job of accountant's 31-year-old mistress

Daewoo founder pardoned for accounting fraud
Kim Woo-choong pardoned by president for corporate failure of motor manufacturer

Ex-Morgan Stanley analyst jailed for tax fraud
A former investment banking analyst working for Morgan Stanley in the UK faces up to 4½ years’ jail for grand larceny

Crooked accountant admits to 53 fraud charges
A corrupt accountant has admitted to 53 charges of fraud, funnelling ₤700,000 into his own account for a luxury lifestyle

Former PwC tax consultant jailed for stealing from firm
Theft-accused stole more then £34,000 to pay off credit card debts racked up by her boyfriend

Court confiscates £41m from Izodia director
The court has ordered Gerald Smith, convicted of misappropriating funds from dot-com company Izodia, to pay back almost £41m

Midlands duo accused of using celebrity names to dupe clients
No investments were made but the ‘returns’ came from new investors in the scheme, the Serious Fraud Office is alleging

Accountant jailed after blowing £340,000 on hooker
Dunscar accountant jailed for two years

Carousel fraudsters sent down for 34 years
Example made of four-man gang as authorities seek to clampdown on billion-pound scam industry

Hollywood star accused of dodging taxman
Wesley Snipes facing multiple tax fraud indictments

Ebbers begins marathon jail term
Former WorldCom chief locked up for 25 years

Six years for ex-Enron CFO
Four years knocked off plea deal

Devon accountants jailed
Length jail terms for role in builders' tax scam

Former HealthSouth CFO to get jail time
New sentence for disgraced executive

Izodia director jailed for eight years over false accounting
Gerald Smith heads for the slammer after misappropriating £34m

Investors to sue jailed fraudster
As many as 100 people allegedly victims

Isley Brothers singer jailed for tax evasion
Ronald Isley given three-year term for 'pathological tax evasion' despite ill health

Accountant jailed for tax fraud
He helped clients defraud tax authorities

Ex-PwC Japan accountants guilty of lying
Suspended jail terms handed down

Jailed tax adviser claimed he was an accountant
Bankrupt bookkeeper conned clients

Bookkeeper jailed for million-pound theft
Bookkeeper admits theft from food supply company over seven-year period

Berlusconi charged with false accounting
Former Italian prime minister charged over television deal

Accountant at centre of laundering trial
CA accused of laundering £5.6m

Bookkeeper and soldier jailed over VAT fraud
Total of 12 years jail time for pair

Carousel fraudster gets six years
Telecoms specialist sent down in scam that cost the UK £60m

Legal exec jailed over VAT fraud
Convicted for role in ₤200m laundering scam

Daewoo founder jailed for ten years
Kim Woo-choong found guilty of accounting fraud

Tags:

  • Have your say
  • Send to a friend
  • Share
  • Print

Comments

Advertisement

Also read

White papers

Related jobs

More Accounting jobs

More finance jobs

Search thousands of finance jobs:

Find your next job

Hiring now on AccountancyAgeJobs.com:

Your next job

Related finance jobs

Search thousands of finance jobs:

Find your next job

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Newsletters

Have your say

Following the PBR, who do you think should reside in No. 11?
Alistair Darling
George Osborne
Vince Cable

Advertisement

White papers

How to make better financial decisions - Free FD Handbook

When reviewing your business and accounting software, this free two- part guide explains all you need to know.

The Future of the Financial Close: Automating Account Reconciliations and Review

Many firms have made account reconciliation automation the focus of their drive. This paper describes why.

More white papers

Advertisement

White paper library

Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.