Accountancy firm boss jailed
Accountancy firm director Kishor Doshi is jailed for tipping his client off to a police investigation
Accountancy firm director Kishor Doshi is jailed for tipping his client off to a police investigation
A DIRECTOR of a Sunderland firm has been jailed for tipping off a client to a police investigation.
The accountancy firm boss Kishor Doshi was given an 18-month sentence for telling his client the police had ordered him to hand over the client’s accounts, the Sunderland Echo reports.
He also pleaded guilty to failing to adhere to money laundering regulations, by not registering with HM Revenue & Customs.
Doshi is the first person in the country to be convicted under the Proceeds of Crime Act for potentially prejudicing a covert money laundering inquiry. He is also banned from becoming a director for six years.
He said he did not know he was meant to keep the enquiry confidential. He had testimonies of his good character from an ex-policeman and a solicitor in court.
More about:
The numbers you crunch tell a story. Your expertis...
13yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleGrowth in revenues of 6% has seen KPMG UK break the £2bn barrier, but its managing of partners has seen average take-home fall Read More...
View articleInsolvency specialists from Menzies have been appointed to secure a future for the London Welsh Rugby Football Club (RFC) Read More...
View articleThe ACCA has announced a partnership with UK research and development tax reclaim specialist RD Tax Solutions Read More...
View articleThe tax HMRC expects is underpaid by large companies through “transfer pricing” has risen by 60% Read More...
View articleBrexit, and some directors looking to shut down their companies without further recourse, have contributed to the current insolvency landscape, invest...
View articleNearly £1.8bn in funds have been raised by smaller companies under the EIS and SEIS tax relief schemes, a record figure Read More...
View articleEnvironment charity Friends of the Earth has lost its £1m VAT appeal against HMRC Read More...
View articleThe latest edition of our 'Seven Days in Accountancy' quiz is here Read More...
View article