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Tax fugitive jailed for four and a half years

Jonathan Nugent, 53, director of a computer company, was charged with a £5.5 million VAT fraud in 1998. He was released on bail but absconded to the USA in 2000 before his trial began. Last year HMRC named Nugent as one of its most wanted fraudsters still on the run, linking him to a £22 million tax fraud.

Nugent was tracked down by the HMRC Fugitive Unit with the help of the US authorities. He was deported to the Republic of Ireland on immigration offences and then extradited to the UK on a European Arrest Warrant to face trial.

Nugent was originally arrested after investigators found he had used his company to help others smuggle goods into the UK, evade UK duty, and use false paperwork and invoices to reclaim millions of pounds in VAT repayments. The laundered money was hidden in offshore bank accounts.

In 1999, Nugent was charged with conspiracy to Cheat the Public Revenue. He was due to face trial alongside other conspirators in September 2000 but absconded from the UK on 27 March 2000, breaching bail conditions. Other gang members involved in the smuggling and money laundering were jailed for over 16 years in 2001.

As a result of his recapture and arrest in 2012, Nugent pleaded guilty on 3 May 2013 at Manchester Crown Court and was sentenced to 4 years 6 months in jail.

If you need any help and advice for your business on Corporation Tax or personal tax, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar to discuss how ABDS can help

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