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Former Suede accountant facing jail time

AccountancyAge.com, Accountancy Age, 07 May 2004

An accountant who managed the business affairs of top selling British bands like Suede and Primal Screen has pleaded guilty to false accounting charges.

Link: Pop group calls for probe into firm

Frank Dixon, 46, of Great North Road, Highgate, North London, pled guilty to 25 'sample' false accounting charges committed between May 1997 and May 2000, the Evening Standard reported.

His trial at Harrow Crown Court was due to kick off this week, but Judge Edward Bailey agreed to a defence request to indicate the likely sentence if the accounting offences were admitted.

Shortly thereafter Dixon pleaded guilty to all the accounting charges, with the prosecution agreeing not to proceed on the theft allegations.

In August 2000 Suede sacked its accountancy firm, FR Dixon & Co, over concerns about financial irregularities

Suede, formed in 1989, were described by Melody Maker as 'the best new band in Britain.'

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