Breaking news from the BBC Paper tax returns to be replaced by digital by 2020


Chancellor George Osborne delivers his last budget before the General Election


Tax planning for 5 April 2015


HMRC to improve bereavement service.


Record Compliance Yield for HMRC


HMRC revenue from SMEs up 31%


Contact Us
News Items
Tax Tips

Great with People
Brilliant with Numbers
Clear and Precise with Words

Call us now on 023 8083 6900 ABDS Home

News - 13 January 2013

HMRC investigation results in nine years imprisonment

Following into an investigation by HMRC a DJ from Dundee has been found guilty of tax evasion and money laundering, linked to a complex mobile phone trading scam. It involved setting up a number of companies in Scotland and Spain to trade in mobile phones across Europe. However, the majority of the trading was fraudulent and the Spanish companies were in reality being run from addresses in Dundee.

David Odd, HMRC’s Assistant Director Criminal Investigation in Scotland, said:
The accused “knew full well that he was breaking the law, yet chose to overlook it for the opportunity of making what he wrongly assumed would be easy money, at the expense of the UK taxpayer. He now has to pay a very high price for his criminal activities.

Stuart Coleman, Manager of the Tax Department of ABDS comments:
“When these companies ceased trading, the unpaid VAT was in excess of £4m. The fraudster was charged with over £20.5m in money laundering offences, after HMRC investigations showed that about £186m had gone through the accounts of the two Spanish companies within eight months.”

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail:

Great with People  Brilliant with Numbers Clear and Precise with Words

« Back to News