Financial adviser loses HMRC gamble

 

A financial adviser has been jailed for five years after helping a client fraudulently reclaim VAT of almost £900,000 and gambling away £130,000 of it.

Mohammed Izhar Ul Haq has also been banned from going into casinos and gaming online for three years after his release. 

The fraudster forged a bank guarantee from the Bank of America so his client could claim a VAT repayment of nearly £900,000 from HMRC

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Comments

Qualification?

skhan | | Permalink

What was qualification of this advisor

Qualification

chatman | | Permalink

skhan wrote:

What was qualification of this advisor

Lack of morals?

BabsHarris's picture

Did he really think it would

BabsHarris | | Permalink

Did he really think it would work or be worth it?