False accounting


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False accounting

Illegally altering accounting records by making misleading entries or omitting material information for personal gain or to mask poor firm performance.
References in periodicals archive ?
The SFO said it had charged the men with one count of Fraud by Abuse of Position, contrary to section 1 and 4 of the Fraud Act 2006 and one count of False Accounting contrary to s17 Theft Act 1968.
Teesside Crown Court heard yesterday that Abbott was put in charge of the practice accounts and began the false accounting soon afterwards.
Khan is charged with two offences of fraud by abuse of position and three offences of false accounting.
Venter pleaded guilty to eight counts of false accounting at Merthyr Tydfil Crown Court, with a further 146 offences taken into consideration.
The offence of false accounting covered 19 "knowingly misleading" receipts that MacShane filed between January 2005 and 2008.
The court heard that Mac-Shane incurred "genuine expenses" but chose to recoup them by dishonest false accounting rather than through legitimate claims.
Earlier this month the 67-year-old widow was told the company was dropping a civil case of false accounting more than five years since he was suspended from his North Kenton post office.
But when they sent in auditors, he was accused of false accounting and jailed for nine months in December 2006.
He also admitted three charges of false accounting and one of fraud.
But the jury saw through the defences put to them by Devine and convicted him on two of the three counts of false accounting he faced.
Gurdeep Dhale, 27, had been due to stand trial on a theft allegation next month, but yesterday he appeared before Bradford Crown Court and pleaded guilty to the false accounting offence which covers a period between July 2005 and June 2008.
Chaytor had previously denied three charges of false accounting and was due to stand trial at London's Southwark Crown Court on Monday.