Fraud: Convictions & sentences - March 2022
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Get further information from the following blogs;
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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.