Vantis

Former Vantis director Roy Faichney will stand trial for a second time over his alleged involvement in a Gift Aid scam that saw his former colleague David Perrin

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David Perrin, a former deputy managing director at Vantis Tax, has been jailed for 18 months after trying to defrauded taxpayers of £70m.

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David Perrin, a professional tax adviser at Vantis, has been convicted of defrauding taxpayers of £70m,

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RSM Tenon has acquired the advisory arms of beleaguered listed accountancy firm Vantis after the group entered administration this week.

Vantis PLC has today appointed administrators.  The shares remain suspended and trading in the shares is not expected to recommence.

Vantis has issued the following statement:

UPDATETrading in Vantis shares on the AIM has been suspended following news that the firm has been removed as joint liquidators of Stanford International Bank.

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Vantis shares suspended - board not certain it can continue to trade as a going concern. Some board resignations.

Things going from bad to worse for Vantis.

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"The Board of Vantis announces that on 8 June 2010 the High Court of Antigua (the "Court") gave judgment on the position of Mr Nigel Hamilton-Smith and Mr Peter Wastell (the "Joint Liquidators") as

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Listed accountancy firm Vantis was shaken this week after auditors Ernst & Young issued a going concern warning in the group’s six month interim report.

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