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.
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