Fraud: Convictions & sentences - 31 December 2021

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.