Accountant on trial for money laudering

Aaron C Rescue

I have just read in the local newspaper that the accountant who signs off the books for the company I work for is in court for his part in the money laundering gains from a solicitors £20million mortgage fraud operation. Obviously innocent until proven guilty etc, but, is there any knock on effect for any companies for which he has submitted accounts? i.e. should he be found guilty, would the fraud people then move on to investigate his accountancy practise?

And should we immediately start looking for a new accounting practise?

burg

Obviously they may ask some questions and want to look into things. If you are at all worried then move on.