Feeds

Personal Computer Science boss arrested in Oz

SFO want Charles Forsyth back in the UK

  • alert
  • submit to reddit

Charles Forsyth, the controversial founder of a string of failed UK computer companies, has been arrested in Western Australia, over the alleged fraud of £1m in the UK.

A warrant for Forsyth's arrest was issued on October in North Yorkshire, the home of Personal Computer Science, a prominent computer builder which collapsed in July 1999 with the loss of 150 jobs.

The warrant for Forsyth's arrest, issued at the behest of the UK's Serious Fraud Office, accuses him of "company fraud, pirated computer offences, deception involving a $1.5 million credit facility and a £750,000 overdraft, false accounting and lying about his banking qualifications", the York Evening Press reports.

Forsyth was also the founder and owner of Multiplex, a PC builder in East Lothian, which collapsed in the early 90s, weeks after he sold the business to managers for £1,000. Famously, Forysth paid himself a salary of £1m in the first year of trading, an astonishing sum for a company which was turning over a little more than £4m at the time.

And his first venture, an Apricot Computerworld franchise in Edinburgh collapsed, in the mid eighties. Gossip at the time was that Forsyth's guarantor, his father, was forced to pay off the creditors. According to the Evening Press, Forsyth has been estranged from his parents for 17 years.

More recently, Forsyth was a director and the major shareholder with Zentel Telecom Group Plc in Edinburgh. This business, if it still exists, no longer operates a web presence. ®

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.