Two United Kingdom-based former accountants have been sentenced to prison after being found guilty of perpetrating a $200 million investment fraud, in part through an offshore bank in the Caribbean. Shinder Gangar, 46, and Alan White, 49, were each sentenced to prison-terms of seven-and-a-half years at Sheffield Crown Court, in England, on April 11, 2008, comprising six years each for conspiracy to defraud and 18 months each for conspiracy to corrupt a United States official, to be served consecutively. In addition, they have both been disqualified from being company directors in the UK for 12 years.
Ex-UK accountants imprisoned for perpetrating offshore investment fraud
14 years ago
KeywordsAlan White Birkdale Properties Ltd. Cotswold Trading Ltd. Dobb White & Co. Emerged Market Securities
Equitable Suisse Trust Eryl Management Ltd. Investors Bank & Trust Kennemar Management Ltd. Lancorp Financial Group Middle East Holdings Ltd. Morris White & Co. Roberts Investment Ltd. Secured Clearing Corporation Shinder Gangar Terry Dowdell The Avenger Fund Vavasseur Corp. Willow Enterprises Ltd.[ 14 more... ] [ top 5 ]