Welcome Tim Carron Brown watchers! We bring you news!
After my various posts and stories over the years about Tim Carron Brown – you know, the guy who seemed to have the bad luck to always be at the top of companies that couldn’t quite keep ahead of the maw of liquidation, bankruptcy or simple vanishment – we bring you news from Bournemouth.
You’ll recall that he had been charged with… oh, let’s bring it up again:
Timothy Carron Brown, the company director behind the collapsed television production house Iostar and the £43m dotcom disaster Efdex, is due to go on trial for cheating the public revenue and forgery.
The prosecution is being brought by HM Revenue and Customs, and involves four companies of which Carron Brown has been a director, including Omedian, Anstruther Management, Company TV and Second Sight.
Carron Brown was amongst those blamed for the failure of Iostar, the television company which channel Five’s newly appointed chairman and chief executive Dawn Airey briefly joined as chief executive last year.
(Or take a break to read some more background on Iostar’s vanishment.)
He has now been charged with 13 offences, including two counts of cheating the public revenue, four counts of being knowingly a party to the carrying on of a business for a fraudulent purpose, six counts of forgery and one count of using a forged instrument.
When Carron Brown was contacted by the Telegraph at the time (May 2008), he denied all the charges.
Hard to know quite what changed his mind in the interim – was it the people who had formerly worked with him at Iostar who were prepared to be witnesses for the prosecution? Was it the long interviews with the police? – but on Friday he pleaded guilty in the Crown Court. (I’ve had this from two entirely separate sources, so I’m happy to report it. Anyone can point me to the Bournemouth docket, I’ll link.)
I’m still intrigued by the comment that was left on this blog on May 13 by “Piers Diacre”:
While it may seem that a lot of people are snivelling about Tim Carron-Brown, mostly they seem to be ex-employees who had willingly signed on to work for his companies. So what if the business plan did not work or was ahead of its time or was never going to work. At least Tim had the guts to try and the ability to get many of his ideas at least in to launch mode.
Yeeeess. Some things do not and cannot fly, though. Launch mode doesn’t work on cars, for example. Iostar never seems to have had a sustainable business, even if its business plan or model was, in theory, great. That’s the difference. I think that’s why Dawn Airey departed muttering about lawyers and suing people. My, she was angry.
It may be that a lot of the fault is, but surely there are others who share part of the blame – the usual suspects – disingenuous directors,greedy investors will be the first to blame the man in charge.
If Tim is blessed with one thing, it is a very fine business brain indeed – without it he would never have been in a position to get the backing for the three or four businesses he tried to start in the .com space.
I am happy to have him as a friend and he is been a very good friend for many years.
That’s good to hear. However, I understand there may be others who feel, how shall I say it, rather differently about TCB. Such as Peter Teal, who wrote a book called Crooks & Cronies, over which TCB sued (successfully).
If you want to leave a comment (no libel please: facts only) then please do; please leave your email because I intend to follow up on this on a bigger forum. Alternatively, just email me – email@example.com – with details. If you want or need to remain off the record, that’s fine.