Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Four more men jailed for missing trader VAT fraud

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

The nine men jailed  in December 2010 and January 2011 after a £17 million ‘missing trader’ VAT fraud have been joined by four more men. A further defendant has been charged and is due to stand trial next year.

Criminal investigators from HM Revenue & Customs spent five years investigating the multi-million pound fraud. In addition to the £17 million claimed, VAT claims for a further £5 million had been made - and plans to steal an additional £300 million in VAT were found.

Gary Lampon, Assistant Director of Criminal Investigation for HMRC, said “This was a complex and lengthy investigation, over five years, to unravel this multi million pound fraud by an organised crime gang. They used the money to fund extravagant lifestyles at the expense of the British taxpayer. ‘Missing trader’ fraud is not merely a paper fraud, it funds other serious crime and we are determined to pursue and bring to justice the criminals behind this type of fraud. Assets of £8 million have so far been restrained and confiscation proceedings are underway to reclaim the proceeds.”

Gurjit Singh was sentenced to two years in prison, Shabir Anwar Ahmed was sentenced to four years in prison, Muhammad Al-Numairy Raza was sentenced to two and a half years in prison and Bharat Muriji Odedra was sentenced to two and a half years in prison.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

ExclusiveLast week at The Fonecast: 31st March 2014

Mark Bridge writes:

“Hey, everybody, we’re releasing a new flagship smartphone that carries all the hopes of the company with it. If this sells well, we could be saved. If not, it could be disaster.”

“Great. What shall we call our new phone?”

“Oh, we’ll give it the same name as the previous model. That’ll be fine.”

ExclusiveLast week at The Fonecast: 24th March 2014

Mark Bridge writes:

New Apple products! New Android smart watches!

You’d be forgiven for not having noticed either of those news stories last week. Apple did indeed announce a new iPhone – but it was simply a new iPhone 5c with just 8MB of memory.

ExclusiveLTE fuels the race for the fastest network

Noam Green of Flash Networks writes:

The introduction and deployment of LTE networks offers real promise for both subscribers and operators worldwide. It brings the potential for revolutionary improvements in quality of experience for mobile broadband, and even faster downloads and video streaming.

ExclusiveLast week at The Fonecast: 10th March 2014

Mark Bridge writes:

As one show closes, so another show opens.

It’s now more than a week since we bid a sad farewell to Mobile World Congress 2014 – I imagine hotel rooms for 2nd to 5th March 2015 are already being booked – but there’s now CeBIT in Germany to look forward to. Prime Minister David Cameron kicked things off last night with a speech that talked about UK-German partnerships, more funding for research around the ‘Internet of Things’ and the development of 5G technology.

ExclusiveWiFi technology, problems and solutions

In this presentation, which was originally given as part of the ‘Multimedia Content Delivery onto Mobile Platforms’ session at Mobile World Congress 2014, Professor Andrew Nix from the University of Bristol explains many of the often-forgotten truths about WiFi service.

If you’re an IT manager, working in a mobile phone shop, looking at tech product design or simply want to get the most from your mobile phone, Professor Nix has plenty of practical advice in this 20-minute video clip.

RSS
First2345791011Last

Recent Podcasts

ExclusivePodcast from Mobile World Congress 2015

Mark Bridge learns about the mobile technology trends at Mobile World Congress 2015 by chatting to James Rosewell of 51Degrees, Dr Kevin Curran from the IEEE and Chris Millington of Doro.

They talk about wearable devices, wireless charging, mobile operating systems and much more... including some of their favourite products from the exhibition.

ExclusiveLooking back at February: from security scares to multiple MVNOs

We're taking a look back at the biggest mobile industry news stories from February 2015, including allegations that the UK's security service tried to breach SIM card security by hacking into one of the world's biggest SIM producers.

We also talk about the planned BT and EE merger, the creation of two new UK virtual networks, some acquisitions in the mobile payment arena and a new Ubuntu smartphone.

ExclusiveA month of mobile: O2 counts on 3, Microsoft counts to 10 and Apple counts its profits

We're back with a month of mobile industry news, including takeover talks and takeover rumours. O2 and Three are said to be discussing a merger... but is there any truth in the suggestions that BlackBerry could be up for grabs?

We also discuss Apple's record-breaking quarterly figures, the highlights of CES and the launch of Microsoft Windows 10, as well as saying farewell to the current version of Google Glass.

RSS
123457910Last

Follow thefonecast.com

Archive Calendar

«October 2026»
MonTueWedThuFriSatSun
2829301234
567891011
12131415161718
19202122232425
2627282930311
2345678

Archive