NewsConvictions & sentences

Fraud: Convictions & sentences - March 2022

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Table of Contents

Trio sentenced over £593k VAT fraud

  • Two people have been jailed and one sentenced for submitting fraudulent VAT repayment claims worth £593,000
  • Director set up several companies between 2014-16 installing energy-efficient home improvements
  • Director also transferred £350,000 out of his failing company

Care director banned for £296k of unpaid tax

  • A boss of a care provider company has been banned for five years after owing HMRC around £296,000 in unpaid tax
  • Company entered creditors’ voluntary liquidation which triggered an investigation by the Insolvency Service.
  • Director had failed to submit company tax.

10-year director ban for £40k Covid fraud

  • A mobile mechanic has been disqualified from being a company director for 10 years after he fraudulently took a £40,000 bounce back loan (BBL)
  • Director was given the 10-year disqualification from the Insolvency Service
  • The Insolvency Service is recovering the funds with £8,000 recovered to date.

Directors banned for failing to pay £70k tax

  • Two company directors have been banned after they avoided £70,000 in tax due to bad record-keeping
  •  The company went into liquidation following a winding-up petition by HRMC.
  • Neither director had ensured that the company’s accounts and records were adequately maintained.

£1bn VAT fraudster finally arrested

  • After nine years on the run, ‘Britain’s most wanted woman’ has been arrested for her part in a £1bn VAT fraud 
  • She became a part of a huge criminal organisation which specialised in high-value fraud
  • She used generated IP addresses to keep their operation untraceable online.
  • In 2005, HMRC launched an investigation into the accounts after it noticed irregularities in the operation’s bank transactions.
Convictions & sentences
Convictions & sentences

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