Missing VAT trader ordered to repay £14m

Kashflow logo
0

A fraudster who took part in a £250m VAT fraud has been ordered to repay criminal profits of £14m or face a further 10 years in jail.

Nasir Khan, 41, was jailed for nine years in 2011 for money laundering his share of the fraud.

15 others were also jailed for the missing trader fraud which spanned three years, and Khan was also disqualified from being a company director for a decade.

The gang used the import and export of mobile phones to carry out what the Revenue calls one of the UK’s...

Please Login or Register to read the full article

The full article is available to registered AccountingWEB.co.uk members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.

Rachael Power
Community Correspondent
Sift Media
Share this content
Tags

Replies

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.