Izodia
Izodia plc, formerly known as Infobank, was an information technology company listed on the London Stock Exchange and later the Alternative Investment Market that went out of business after it was defrauded of £34 million by Gerald Smith. In 2005, Smith pleaded guilty to 10 counts of theft and one of false accounting in respect of his position at Izodia and was sentenced to eight years' imprisonment.[1][2][3][4]
References
[edit]- ^ Fletcher, Richard (16 July 2007). "Anatomy of a £34m theft". Telegraph.co.uk. Retrieved 22 December 2017.
- ^ Russell, Jonathan (3 November 2011). "Convicted fraudster Gerald Smith admits media company Body in Balance 'close to collapse'". Telegraph.co.uk. Retrieved 22 December 2017.
- ^ "Fraudster's family sues tycoon for £100m to help pay £41m debt". Standard.co.uk. Retrieved 22 December 2017.
- ^ "Time running out for fraudster who owes taxman £64m". Standard.co.uk. Retrieved 22 December 2017.
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