Accountant jailed for tax fraud

Chartered accountant Peter Michel, the sole principle of Michel and Co.,
along with his personal assistant, Simone Gallichan, have been found guilty of
helping clients defraud UK tax authorities.

Michel was led out of the Royal Court by a police officer yesterday after
Jurats decided he should be remanded in custody until sentenced, or tried on the
nine counts remaining on his indictment.

Michel and his personal assistant, Simone Gallichan, were found guilty by the
Inferior Number of the Royal Court of helping three clients cheat the UK public
revenue through a web of companies.

The pair orginally faced a total of ten charges relating to money laundering
and cheating HM Revenue & Customs out of millions of pounds.

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