EAMONN Rice, who once led the 100-strong financial services practice at Ernst & Young Scotland and Northern Ireland, has been struck off by the Irish accountancy institute for "fraudulently preparing a letter" for his lenders.
The ousting follows a decision last year by the Institute of Chartered Accountants of Scotland (Icas) to expel Rice after finding him guilty of the act. He produced the letter in an attempt to prevent the Bank of Scotland from repossessing his home in Edinburgh, in the midst of the collapse of his Edinburgh-based online mortgages company, Mform, in February 2009. He went on to lose the house, but no criminal charges were ever brought against him.
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