Geoffrey Ian Brailey (51), former finance director and Roger Charles Eden, (47), former chief executive, were both sentenced to three years 9 months at Croydon Crown Court yesterday for accounting irregularities at the recruitment services business, designed to overstate profits for 1997 and 1998.
The Serious Fraud Office said: ‘The defendants dishonestly caused and permitted the company’s financial statements for 1997 to be prepared in such a way as to overstate the true extent of its profitability and that they sought to do so in 1998.’
Unanimous guilty verdicts were returned by the jury against the two yesterday on each of the two counts on the indictment, to run concurrently.
They were both disqualified from acting as company directors for 8 years.
John Abrahamson, former company secretary at CSG, was acquitted last month.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
Hundreds of jobs are secure after Spectrum Contracting has been sold out of administration to Minstrell Recruitment by FRP Advisory
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
The Practitioner discusses their timesheet militancy, and reaction to someone playing it fast and loose with the details...