Fraud: Convictions & sentences

Table of Contents

Care home director banned for £518k hole in accounts

  • A director of a care home has been disqualified for six years after business went into liquidation with no explanation for hundreds of thousands of pounds leaving company accounts
  • By 2018 it was recommended that the company cease trading and went into liquidation
  • An Insolvency Service investigation found that the director had failed to preserve or deliver up adequate accounting records for care home
  • Director was unable to explain the company’s expenditure amounting to £518,000

Director banned for fraudulent holiday sickness claims

  • A director of a claims agency has been given a five-year ban after his company cold called clients and used false information to persuade them to make a claim
  • An audit carried out by the Claims Management Regulator found the sales agents had made false or unsubstantiated claims
  • Those who received calls did not meet the claim criteria, but they falsely told them they were owed a refund

Scottish tycoon jailed for £300k tax fraud

  • A Scottish business tycoon was sentenced to 16 months in prison after stealing nearly £300,000 from HMRC in fraudulent VAT claim repayments
  • HMRC compliance officers checked figures for its VAT repayment submission and asked for bank statements to support the invoices, director failed to produce them
  • Compliance officers visited the principal place of business to find that the building was empty
  • HMRC found that bank records did not support any VAT submission, with around £150,000 being claimed without any apparent foundation
  • Prosecutors will be targeting director’s assets which are worth £741,639 under Proceeds of Crime laws

Banned Swindon bosses sentenced for running companies

  • A Swindon boss has been jailed and two others disqualified for running businesses while banned
  • In June 2010, one director made bankrupt and was required to resign directorship of both companies. But he continued as company director
  • In March 2011, second director was disqualified from acting as a company director for six years as a result of his unfit conduct at another company
  • The liquidation triggered an investigation from the Insolvency Service against them which found that both directors actively involved in the day-to-day running of the company
  • All defendants had a total and repeated disregard for the disqualification undertakings they had signed and as a result, have been brought before the courts

Blackpool off licence boss banned over £250k tax bill

  • A Blackpool owner of an off licence has been banned from acting as a director after using fake returns to avoid VAT over a three-year period
  • HMRC officers seized a cashbook from the trading premises of the company. The cashbook recorded ‘day’ and ‘night’ sales. The ‘day’ sales corresponded with the declared Z-reports. The ‘night’ sales corresponded with the undeclared Z-reports
  • HMRC raised assessments for the company’s undeclared VAT liabilities amounting to £89,326
  • HMRC raised assessments for corporation tax liabilities, amounting to £102,125
  • Director has been banned from being a director for eight years until June 2029
Convictions & sentences
Convictions & sentences

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