British cross-dressing accountant may have faked his own death

Simon Carroll, 43, a British accountant from Shoeburyness, Essex, and a known cross-dresser, was thought to have killed himself last year after stealing nearly 600,000 pounds from the accounts of a building supply company in Essex.

The accountant confessed to stealing the money and disappeared shortly thereafter. His abandoned Porsche was found soon after the theft, and inside were an empty vodka bottle, an empty pill jar, and a hosepipe. No body was ever found.

According to a report in the Times Online, a police source said: "He had stolen a lot of money – some could have been used to set up a new life. His confession just before he disappeared seems to make things a little too neat and tidy. And his body has never turned up. It increasingly looks like he staged his own death and could be living anywhere in the world."

According to a report in the Mirror, Carroll led a double life, dabbling in cocaine and cross-dressing when he wasn't working as an accountant. "He spent £1,000 a time on designer suits and enjoyed frequent exotic holidays. He even hit the headlines when he bought a replica Starsky and Hutch car, appearing with it at film premieres and club openings," the Mirror reports.

Carroll has been jailed previously for bank fraud. At the time of his disappearance, his bank account was overdrawn and he had amassed credit card debts exceeding £50,000.

Police detectives are keeping the case open and are looking for any signs leading to the possibility that Carroll might still be alive, using a falsified identity.

You may like these other stories...

By Jason BramwellThe IRS on August 19 unveiled a new online registration system for financial institutions that need to register with the agency under the Foreign Account Tax Compliance Act (FATCA).Financial institutions...
By Curtis C. Verschoor, CMAThe furor over the extensive tax avoidance measures used by technology companies such as Google and Apple has reached new heights in both the United Kingdom and the United States. Government...
By Jason Bramwell Government leaders of eight of the world's largest economies pledged on June 18 to take a tougher stance on fighting tax evasion. The Group of Eight (G8) leaders, who met in Northern Ireland,...

Already a member? log in here.

Upcoming CPE Webinars

Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.
Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.