Couldn’t happen to a nicer couple

[WTFH]

https://www.telegraph.co.uk/money/tax/michelle-mone-husband-doug-barrowman-linked-to-loan-charge/

...There have so far been ten suicides in connection to the loan charge...

Unfortunately that is incorrect and the figure is at least 16.

[NickFitz]

Dan’s article is now up at https://www.taxpolicy.org.uk/2024/01...rrowman_fraud/ and it’s on Newsnight tonight at 22:30

He's also gone through the key points in a very, very long Twitter thread which includes screenshots from these very forums!

[SueEllen]

He's also gone through the key points in a very, very long Twitter thread which includes screenshots from these very forums!

Nice to know some people take these forums seriously....

[vetran]

Nice to know some people take these forums seriously....

Glad to see come uppance coming to some of these firms

[Zigenare]

It would appear that Mr Barrowman and Ms Mone are to take delivery of a new toy this year...

[Keanu2020]

To busy chasing individual contractors. Maybe we just don’t think big enough is our problem . . . .


https://www.theguardian.com/politics...droidApp_Other

[Andy2022]

And now their assets are being frozen…

https://on.ft.com/3u7eo1t

[northernladuk]

And now their assets are being frozen…

https://on.ft.com/3u7eo1t

Good good. Baby steps. I'm a little worried any investigations/prosecutions are going to fail if HMRC are involved. They have a history of completely screwing up even the most straight forward case and this is far from straight forward but maybe a criminal investigation will do a better job.

It's only looking and the PPE bit though, I'm still hoping all the work uncovering his loans carry ons will reach court as well but it's so complex. Once they get in to the details of his accounting it's going to be an utter minefield.

I would have thought, but then what do I know, he should be going cap in hand to everybody that is threatening to do him over, ask for a settlement which is likely to be way below what a full investigation would turn up, pay it quick and try put a lid on it all. But a) he's probably and arrogant sod and b) he's got so much money to throw at this he believes he can either win on make it too difficult to carry on.

[TestMangler]

Good good. Baby steps. I'm a little worried any investigations/prosecutions are going to fail if HMRC are involved. They have a history of completely screwing up even the most straight forward case and this is far from straight forward but maybe a criminal investigation will do a better job.

It's only looking and the PPE bit though, I'm still hoping all the work uncovering his loans carry ons will reach court as well but it's so complex. Once they get in to the details of his accounting it's going to be an utter minefield.

I would have thought, but then what do I know, he should be going cap in hand to everybody that is threatening to do him over, ask for a settlement which is likely to be way below what a full investigation would turn up, pay it quick and try put a lid on it all. But a) he's probably and arrogant sod and b) he's got so much money to throw at this he believes he can either win on make it too difficult to carry on.

Is it not more likely though, that neither of them will have any assets tied to them and easily freezable ?

[SueEllen]

Is it not more likely though, that neither of them will have any assets tied to them and easily freezable ?

From https://www.theguardian.com/uk-news/...stigates-fraud

The pair face an investigation by the National Crime Agency into alleged medical equipment fraud. The Financial Times reported that the frozen assets included a six-bedroom central London townhouse, a country estate on the Isle of Man, and 15 accounts with Coutts, C Hoare & Co and Goldman Sachs International.

Issued in December, the restraint order blocks Mone, a lingerie entrepreneur, and her husband, the financier Douglas Barrowman, from selling some of the assets and places restrictions on others.

Mone and Barrowman, who is based in the Isle of Man, agreed to the court order after an application by the Crown Prosecution Service under the Proceeds of Crime Act.

The court order was “a result of a consensual process during which negotiations took place with the CPS”, a spokesperson for Mone and Barrowman told the FT.

I thought the town house was for sale?