Fraud: Convictions & sentences - 31 December 2021

Table of Contents

Director jailed for stealing £1.7m

  • A company director has been jailed for five years and banned for 12 for stealing £1.7m.
  • After sentencing, director said that I found buying horses ‘more addictive than drugs.
  • Investigators from asset recovery team continue to make enquiries into any assets that have been gained as a result of director’s criminality.

Alcohol wholesaler banned over £600k unpaid tax bill

  • Director was handed a director disqualification of seven years
  • The company entered into creditors voluntary liquidation (CLA) which triggered an investigation by the Insolvency Service.
  • HMRC claimed more than £757,000 from director.
  • Director accepted the ban and did not dispute.

Restaurant directors who supressed 173k tax disqualified

  • Both directors were handed director disqualifications for a total of 12 years.
  • Business entered into creditors voluntary liquidation which caused an investigation by the Insolvency Service.
  • company had suppressed their company takings by more than £173,000
  • Directors admitted that they caused inaccurate tax returns to be submitted to HMRC by supressing their sales income.

Takeaway boss jailed for dodging £103k tax

  • Director was sentenced to two and a half years in prison after submitting false tax returns.
  • Director guilty to dishonestly failing to disclose to HMRC £107,333.98 in VAT, £10,162.20 in income tax and £5,403.13 in
  • Director blamed his accountant for the tax discrepancies.

Brothers sentenced for avoiding £361k VAT

  • Two brothers have been handed a collective suspended sentence of 40 months for failing to pay £361,203.34 in VAT on car sales
  • The directors have both repaid the VAT owed back to HMRC.
  • In an investigation by HMRC into director’s self assessment returns it was found that they failed to register their business.
  • Checks by HMRC officers proved that both had fraudulently evaded VAT payments of £361,203.34.
Convictions & sentences
Convictions & sentences

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