What happened to the audit
Mrs Smith’s greed and dishonesty have brought disaster to her family.”
According to the judgement passed down by the court the fraud began on June 3, 2005, two months after Mr Smith’s retirement, when Mrs Smith arranged for £29,252.60 to be paid from Glen Dimplex to the couple’s joint account at the St Helens branch of Natwest.
More than £2.1m was transferred into the couple’s joint account or their individual accounts over the next five years without suspicion being raised.
An extra £700,000 was paid directly from Glen Dimplex to Mrs Lewis’ Barclays bank account over the same period.
In the High Court hearing her 65-year-old husband claimed he had been “duped” and had no idea where the money was coming from.
Mr Smith said after the downsizing of their home and the subsequent release of equity and his pay-off and pension he thought they were “cash rich”.
- Ownership of land - declaration of trust 142 3
- Fee base v staff ratio 264 6
- Ltd Company Buying Own Shares and Transferring Assets 143 2
- Cash basis 421 11
- NIC thresholds - two employments 1,835 27
- Statutory Accounts - Dividends Disclosure Note 309 3
- Unincorporated organistion ceasing to exist 216 2
- Gift in kind to charity by company: services 74 1
- Investor exit 183 3
- Partially exempt? 360 10
- Debtor/creditor set-off 122 1
- Redundancy payment added to p45 395 3
- Undeclared rental income 2,226 22
- CIMA accountant wants to start consultancy 373 4
- Statutory sick pay 239 3
- Overseas bank interest 226 5
- Contractor accommodation expenses 166 1
- Kasperskey - home pc 366 4
- Resubmit Corporation tax Return 230 2
- Rental Income Tax Planning 319 4
- Skandia using wrong address 557
- FHL, period of grace and Entrepreneur's relief 303
- Does anyone use PS Financials accounting software out there? 299
- Employee rewards 283
- Legislation access for part-time sole practitioner? 261
- Rental Property W&T And Equipment 248
- Gift of reversion and lease into trust by two different people - later PPR 236
- EPS Analysis - Change to EURO 220
- Etax Australian 181
- LLP in Construction Industry 145