Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Mr Sarao denies the charges but was remanded in custody for the third time after failing to raise £5.05m in bail. His lawyers' request that bail be lowered to £50,000 was refused.
His legal team told Westminster Magistrates' Court he had been unable to raise the funds required by US authorities because they had frozen his assets.
They really want to hang him out to dry.
His PC was crammed full of child porn and bomb making instructions too.
Interesting article on the rise and fall of Nav Sarao, the Flash Crash Trader. Includes references to the Montpelier EBT and tax specialist Andrew Thornhill.
Looking to minimize his tax bill, he was introduced by his accountant to John Dupont, a director at the London arm of an Isle of Man-based financial advisory firm called Montpelier Tax Consultants.
In 2009, on the advice of Montpelier, Sarao entered into a complicated dividend-stripping scheme that resulted in a major reduction in his tax bill
Sarao had an uncanny ability to attract controversial characters. He sought advice from tax specialist Andrew Thornhill, who in 2015 would be charged by the British barristers’ industry group with five counts of professional misconduct.
Interesting article on the rise and fall of Nav Sarao, the Flash Crash Trader. Includes references to the Montpelier EBT and tax specialist Andrew Thornhill.
Interesting article on the rise and fall of Nav Sarao, the Flash Crash Trader. Includes references to the Montpelier EBT and tax specialist Andrew Thornhill.
Comment