PracticeAccounting FirmsWho is the world’s worst accountant? – PART II

Who is the world's worst accountant? - PART II

A surprising number of fakes, frauds, scammers and rogues have hit the headlines since our last special

world's worst accountant

Part II of our series

In six months since our last ‘world’s worst accountant’ special there have
been a surprising number of fakes, frauds, scammers and rogues in the headlines.

From ill-advised celebrities to corporate high-fliers to humble bookkeepers;
too many have been tempted by the dark side of the numbers game.

Obviously, not all of these individuals are accountants, but whoever they
are, they must have had some of the worst financial advice in the business.

Read the stories below to see who was caught in the act. But a little
parental advisory: don’t try this at home, kids!

Wesley Snipes faces court over unpaid tax
bills

Snipes will raise the defence that he didn’t pay six years in tax on the advice
of tax accountants

Austrian accountant jailed for embezzling
human rights funds

Stolen money paid for breast augmentation and a nose job of accountant’s
31-year-old mistress

Daewoo founder pardoned for accounting
fraud

Kim Woo-choong pardoned by president for corporate failure of motor manufacturer

Ex-Morgan Stanley analyst jailed for tax fraud
A former investment banking analyst working for Morgan Stanley in the UK faces
up to 4½ years’ jail for grand larceny

Crooked accountant admits to 53 fraud charges
A corrupt accountant has admitted to 53 charges of fraud, funnelling ?700,000
into his own account for a luxury lifestyle

Former PwC tax consultant jailed for stealing from firm

Theft-accused stole more then £34,000 to pay off credit card debts racked up by
her boyfriend

Court confiscates £41m from Izodia director
The court has ordered Gerald Smith, convicted of misappropriating funds from
dot-com company Izodia, to pay back almost £41m

Midlands duo accused of using celebrity names to dupe
clients

No investments were made but the ‘returns’ came from new investors in the
scheme, the Serious Fraud Office is alleging

Accountant jailed after blowing £340,000 on
hooker

Dunscar accountant jailed for two years

Carousel fraudsters sent down for 34
years

Example made of four-man gang as authorities seek to clampdown on billion-pound
scam industry

Hollywood star accused of dodging
taxman

Wesley Snipes facing multiple tax fraud indictments

Ebbers begins marathon jail term
Former WorldCom chief locked up for 25 years

Six years for ex-Enron CFO
Four years knocked off plea deal

Devon accountants jailed
Length jail terms for role in builders’ tax scam

Former HealthSouth CFO to get jail time

New sentence for disgraced executive

Izodia director jailed for eight years over false
accounting

Gerald Smith heads for the slammer after misappropriating £34m

Investors to sue jailed fraudster

As many as 100 people allegedly victims

Isley Brothers singer jailed for tax
evasion

Ronald Isley given three-year term for ‘pathological tax evasion’ despite ill
health

Accountant jailed for tax fraud
He helped clients defraud tax authorities

Ex-PwC Japan accountants guilty of
lying

Suspended jail terms handed down

Jailed tax adviser claimed he was an accountant
Bankrupt bookkeeper conned clients

Bookkeeper jailed for million-pound theft
Bookkeeper admits theft from food supply company over seven-year period

Berlusconi charged with false
accounting

Former Italian prime minister charged over television deal

Accountant at centre of laundering
trial

CA accused of laundering £5.6m

Bookkeeper and soldier jailed over VAT
fraud

Total of 12 years jail time for pair

Carousel fraudster gets six years

Telecoms specialist sent down in scam that cost the UK £60m

Legal exec jailed over VAT fraud
Convicted for role in ?200m laundering scam

Daewoo founder jailed for ten years

Kim Woo-choong found guilty of accounting fraud

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