Property Developer Jailed in £25m Tax Fraud

A Twickenham property developer who evaded £25m in tax by submitting false VAT repayment claims has been jailed for eight and a half years after a criminal investigation by HM Revenue & Customs.

Charles Victor Scarrott (aged 61) who was the sole director of 15 property development companies, pleaded guilty to 15 counts of cheating the revenue at Kingston Crown Court and was sentenced to eight and a half years on each of the counts, to run concurrently.

Between 2003 and 2008, Scarrott submitted 178 fraudulent repayment claims totalling more than £25m. He provided false purchase invoices, bank statements and other business records to support the claims.

Confiscation of assets is being sought.  The taxman said:
‘HMRC investigators will look to recover the profits made from these illegal activities’.

Lynam Tax Investigation Experts have a vast amount of practical experience in managing serious tax fraud investigations.  If you are worried about a tax investigation we can advise you on the best course of action.  If appropriate, we can help you manage any necessary disclosures.  If you are facing criminal charges we can help you obtain first class legal representation, in order to obtain the optimum outcome for you, your business and your family.
*For a free, private, no obligation consultation, call Paul Lynam today on 0845 643 9997