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So thats it -is it?
Others who have stolen far less are sent to prison.. yet Mr Featherman escapes scott free!
Is it because he mixes in the same circles as police and magistrates and
is able to have "a quiet word" ?
Well done
There's actually loads more fraud seemingly lurking around, now that I have crawled around in Accounts from Companies House (even abbreviated) and compared essentials with the person on the receiving end. And that's before we get stuck in on the Property side.
My middle name is "Nemesis".
Yours, Sherlock
a bottomless pit of fraud and tax evasion, the evidence all lodged at companies house.
Well done you.
The black knight
That is what the Companies Act and companies house are there for. Why the Companies Act has not been used to prosecute more directors who knew, or should have known, that their companies were bankrupt and therefore trading illegally making the directors responsible for all debts, as possibly in the case of Glasgow Rangers, defeats me.
Congratulations. It is about time some of the big accountancy firms were found guilty of negligence or perhaps even complacency or------
Victimless crime
I think it is regarded a as a victimless crime.
1, HMRC do not know about the companies act,and don't care either as its not on their jobs list for the day.
2, Companies house is only a large filing cabinet full of misinformation.
3, Insolvency practitioners want a quick clean job with no fuss, and offer little protection to creditors that you would expect when reading the insolvency act.
4, Solicitors draw sharp breath and decide it's to much effort or don't get it either.
5, The Insolvency service are about as much use as a chocolate teapot
6,larger creditors have credit insurance so the insurance company pays them. Insurers haven't worked this out either.
7,Smaller creditors do not even know the power they have and do not believe you when you tell them.
There is a gold mine waiting for all those groups if they woke up. might even clean up UK plc and get the economy moving but there must be a reason why this is not allowed?
s.993 companies act 2006 looks well scary, but that's all it does.
Deficit
They must need the deficit for political purposes?
Although State employees are severe jobsworths.(With the exception of nurses and doctors)
Unfortunately they are trained to argue with whoever is there, and the trouble is you have provided them with some good information that they then see a duty to argue with.
We must stumble over hundreds of thousands of pounds a week in missing tax.
Drives you mad when the genuine are having a struggle to pay the bills.
They were caught
And these were the ones who were caught. I'm afraid there is a lot of dishonesty about.; and people in positions of trust are (often misguidedly) assumed to be trustworthy. I dare say much more goes on like this which is not uncovered. The only deterrent is criminal justice which appears to be wanting in this (and other) cases where the toothless ICAEW or other professional bodies are incapable of bringing the memebers properly to book.
They pick on easy targets
THe ICAEW are the same as the ACCA , the Police and other so called regulators who are
full of socially inadequate jobsworths who have n't the guts to get after the real criminals
who have fleeced us all.
I have read that the Plod intend rounding anti Thatcher protestors under the Section 5
of the [***] style Public Order Act, passed by Blair,who has questions to answer regarding war crimes,
on the grounds that they( the protestors) might cause "alarm distress and harassment" to those attending the
funeral. The [***] Police could not have cared less about the mining communities they helped to destroy or the
criminal cover up following Hillsborough.
Costs
Despite what the ICAEW say about the basis of the costs levied, I am surprised how high the costs normally are, eg fine of £2,000 and costs of £3,500 for not having professional indemnity insurance. I would have thought that either you have or don't have PII so the ICAEW should not need to spend a lot of time establishing the lack of PII.
Does anyone know how the costs are calculated?