Crooked magistrate jailed for VAT fraud which led to £1m of taxpayers’ cash paid to his property firm

“Speaking after today’s hearing, Simon De Kayne, assistant director criminal investigation at HMRC, said: ‘This pair made incredibly crude attempts to falsify invoices and financial guarantees in a circle of fraudulent transactions.
‘It was a complete cut-and-paste regime that unravelled as soon as HMRC officers investigated their business activities.
‘The proceeds from the fraudulent VAT repayments were diverted into their bank accounts in an attempt to stave off their company’s and own domestic debts.
Partner: Father-of-three John Smith was jailed for three-and-a-half years for his part in the scam
‘The fact that Price was an acting magistrate at the time of the fraud makes it more shocking.’ “

Who can you trust these days?!

http://www.dailymail.co.uk/news/article-2325027/Crooked-magistrate-jailed-VAT-fraud-led-1m-taxpayers-cash-paid-property-firm.html

Eamon McNicholas
Tax Barrister, Accountant
EamonMcNicholas.com

About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , , . Bookmark the permalink.

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