Bogus marketing consultant sent to prison for VAT scam

prison2A company director, who tried to blag more than £140,000 in VAT repayments from HMRC by setting up umpteen marketing consultancies to send bogus invoices between them, has been banged up for 18 months after being found guilty of fraud.
Richard Morgan of Llywdcoed, Aberdare, tried to make out to HMRC that he ran a marketing empire of seven separate businesses, but investigators discovered that none of his firms had any legitimate trade and were set up solely to make fraudulent claims for repayments.
Morgan made eight false VAT repayment claims in a bid to receive £141,369, of which £17,610 was actually paid out.
Merthyr Tydfil Crown Court heard he had provided fake bank statements and invoices to support the claims but even while he was being investigated Morgan continued to set up fake firms.
He was jailed for 18 months and disqualified from being a company director for five years.
HMRC Fraud Investigation Service  assistant director Colin Sprinks said: “Morgan attempted to make a lot of money at the expense of taxpayers and the UK’s public services, setting up companies just so that he could steal the VAT. He never intended to trade legitimately, instead faked invoices that made it look like he was trading. He knew exactly what he was doing, but he is now paying the price.”

Related stories
Telephone fraud gang banged up for a total of 33 years
Lloyds Bank call centre duo banged up for data fraud
Bent copper gets five years for car crash data theft
Swansea call centre boss is jailed for energy bill fraud
Loyalty scheme chief gets 16 months for £200k fraud
TPS swindler banged up for 5 years for £600k fraud
Man jailed for 5 years for gold-fingered hack attack
Ex-Geometry Global chief guilty of £500,000 fraud
Communisis PA jailed for £264,000 credit card scam

Print Friendly