Five men have been jailed this week for a total of 15 years after a £17 million ‘missing trader’ VAT fraud. A sixth is awaiting sentencing. HM Revenue & Customs conducted a four-and-a-half year investigation that involved mobile phone accessories, SIM cards and digital memory.
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Industrial Technology Research Institute, a Taiwan-based research group that’s linked to the country’s government, has accused LG Electronics of infringing 22 patents. The patents cover a wide range of products from mobile phones to air conditioners, although most seem to involve LCD screens.
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The California Institute of Technology says Nokia, LG Electronics, STMicroelectronics and Toshiba are among a number of companies that have infringed its patents. Its legal complaint lists nine patents related to camera technology.
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Mark Bridge writes:
This sequence of recent events involving SAP, HP and Oracle – although unconnected – seemed deserving of a simple diagram.
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A convicted VAT fraudster has been sentenced to an extra nine years in jail for failing to repay £40 million of his criminal profits. Emmanuel Hening, a dual French/Belgian national, was jailed for 15 years in 2006 for masterminding a £54 million ‘missing trader’ or ‘carousel’ mobile phone fraud.
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