The Institute of Chartered Accountants in England and Wales (ICAEW) has banned a former KPMG trainee from provisional membership over expenses fraud .
Vikas Gupta from Manchester admitted submitting more than £25,000 in false expense claims while working for KPMG .
Mr Gupta had been employed by the Big Four firm on a short term contract after failing his accountancy exams but was fired when the company discovered the expenses fraud .
Gupta said he made the false claims in order to fund his online gambling habits and clear his growing debts .
He added that he was now attending Gambling Anonymous to help tackle his addiction, and was also working for a new firm.
The ICAEW tribunal concluded that Gupta should be ineligible for re-registration in provisional membership for 12 months and severely reprimanded.
However, no order of costs was made against him due to his lack of funds.
Former KPMG Employee Admits To Falsely Claiming Expenses
Tue, 09 Feb 2010
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