JAILED ACCOUNTANT Darren John Upton must repay more than £130,000 of stolen client money or face more years in prison.
The accountant, who stole money from clients and the taxman to fund a lavish lifestyle and a secret mistress, has been served with a confiscation order under the Proceeds of Crime Act, the Wakefield Express reports.
Upton, of Woodlesford, near Leeds, is serving a six-year prison sentence after being convicted of stealing from clients of his firm, Upton & Co, who believed they were paying corporation tax to HMRC. He instead paid the cash into his own account.
A confiscation hearing at Leeds Crown Court last week determined the value of Upton’s crime at £496,802. He now has six months to pay the available sum of £132,416 or face a further two years in prison.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.
A new head of forensic accounting, Daniel Djanogly, has been appointed at insolvency firm CVR Global to expand forensic services
Top 20 accountancy firm MHA MacIntyre Hudson has appointed Ricky Noimark as a tax partner in its North London office