PracticeAccounting FirmsAccountant jailed after blowing £340,000 on hooker

Accountant jailed after blowing £340,000 on hooker

Dunscar accountant jailed for two years

Michael
Lee
, 59, an accountant from Shorefield Mount, Dunscar has been jailed for
two years after using money he was supposed to bank to fund an infatuation with
a prostitute.

During a five-year ‘relationship’ Lee stole £120,000 from Alec’s Three Piece
Suites Warehouse in Great Lever and also used £161,000 of his savings on the
woman, as well as £60,000 he borrowed on credit cards, the
Bolton
Crown Court
heard.

He covered his crimes by forging the accounts but eventually handed himself
in to police in January this year after a colleague’s wage cheque from the
company had bounced.

Further reading:

Taking Stock – What’s a working girl to do?

Taking Stock – Taxing times ahead for working girls

Tribunal rules for tax-free nookie

Related Articles

Productive accountancy firms lead the way

Accounting Firms Productive accountancy firms lead the way

2d Simon Adcock, HSBC
LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

Accounting Firms LLPs in Top 50+50: Will LLPs continue to be the preferred set-up?

3d Fergus Payne, Lewis Silkin
BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

1w Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

2w Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

2w Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

2w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

3w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

3w Emma Smith, Managing Editor