Latest News

Until October 2015, Mr Nicholas Phipps (picture below) worked in the Boston US office of Resource Management International, Inc (RMI) and was a minority shareholder in RMI and Technology Sourcing Limited.

Following his dismissal from the business, Mr Phipps was arrested by the US authorities for a number of offences. He was tried in the Massachusetts trial court and originally pleaded not guilty to all charges. On 25 March 2016 he entered guilty pleas in respect to two charges of larceny (theft), one charge of money laundering and a charge of misdemeanour.

The court sentenced Mr Phipps to five years probation and to pay restitution to RMI in the sum of $172,654. He was also ordered to perform 160 hours of community service and to pay $50,000 in partial restitution before his passport could be returned and before he could return to the UK.

Further details can be found on the publically available website and by visiting The Superior Court then Suffolk County Court division pages under case number 1684CR00065.

Mr Phipps is also disqualified from working as a director in the UK under the Company Directors Disqualification Act 1986, until 4 December 2021.

We understand that convicted criminal Mr Phipps now works again in IT recruitment based in Leeds.

The purpose of this statement is to make it clear that since October 2015, Mr Phipps has not been engaged by or associated with RMI or Technology Sourcing Limited (operating under the name “Cloud International”).

Click here to download a copy of this statement.

Nick Phipps
Nick Phipps


November 6th, 2018 / Cloud International