Skip to content

Categories: money laundering

Ehsan-Ul-Haque Dawood Patel and Hifzurrehman Patel

Leicester rag trade fraudsters jailed

The directors of a Leicester clothing company that supplied well known high street and online retailers have been jailed for a £1.3 million tax fraud.

Ringleader Mohammed Zafer and cash seized from the gang

Gang jailed for laundering £26m

A gang that sent £26 million of dirty money to Dubai after depositing criminal cash at banks a dozen times a day for nearly a year have been jailed

HMRC issues £3.2 million in money  laundering penalties

HMRC issues £3.2 million in money laundering penalties

Hundreds of businesses fined a total of £3.2 million for breaching anti-money laundering rules have been named by HM Revenue and Customs (HMRC).
The 240 supervised businesses named today were fined between 1 July and 31 December 2022 by HMRC for breaching Money Laundering Regulations aimed at preventing criminals from exploiting illicit cash.
Certain types of business are required to regist

L-R Arif Patel & Mohamed Jaffar Ali, plus images of a seized shipping container, boxes containing counterfeit items & close-up images of the goods

Counterfeit clothing boss sentenced for fraud worth more than £150 million

Two men involved in one of the UK’s largest ever carousel tax frauds have been sentenced to a combined total of 31 years in jail. Sock manufacturer Arif Patel, 55, of Dubai, was sentenced in his absence to 20 years behind bars, while co-accused Mohamed Jaffar Ali, 59, also of Dubai, was also sentenced in his absence to 11 years in jail.

L-R Arif Patel & Mohamed Jaffar Ali, plus images of a seized shipping container, boxes containing counterfeit items & close-up images of the goods

Counterfeit clothing boss convicted of fraud worth more than £150 million

The mastermind of a fake designer clothing scam has been convicted of one of the UK’s largest ever carousel tax frauds.
Sock manufacturer Arif Patel, 55, of Preston, and his criminal gang tried to steal £97 million through VAT repayment claims on false exports of textiles and mobile phones.
They also imported and sold counterfeit clothes that would have been worth at least £50 million, had

Mohammed Ikram

West Yorkshire man jailed for Eat Out to Help Out fraud

A former West Yorkshire town councillor has been jailed for trying to steal more than £430,000 through the Government’s Eat Out to Help Out scheme.
Mohammed Ikram, 36, of Springfield Court, Keighley, admitted stealing money from the Covid-19 support schemes, following an investigation by HM Revenue and Custom’s (HMRC) Taxpayer Protection Taskforce.
He used his own café and takeaway business

Sarah Panitzke returned to the UK by HMRC in June 2022

Prison time doubled for ‘most wanted’ tax criminal

One of the UK’s most wanted tax fugitives, who was caught and jailed for eight years last year, has had her sentence more than doubled for failing to repay the money she stole.
Sarah Panitzke, originally from York, played a leading role in a vast multi-million-pound VAT fraud and became one of the UK’s most wanted criminals after absconding during her trial in 2013.
The 48-year-old spent n

Two arrested as global bank probe gathers pace

Two arrested as global bank probe gathers pace

Two men have been arrested as part of a multi-million-pound tax fraud investigation involving UK customers of a collapsed Puerto Rican bank.
HM Revenue and Customs (HMRC) officers executed search warrants at three residential and business addresses in Liverpool and arrested two men, aged 40 and 50.
Computers and other digital devices were seized during the raids along with business record

HMRC probes suspected tax evasion bank customers

HMRC probes suspected tax evasion bank customers

Hundreds of UK customers of a collapsed Puerto Rican bank linked to tax evasion and money laundering are being given a chance to check and correct their tax affairs. HM Revenue and Customs (HMRC) is currently writing to around 600 people in the UK who used the Euro Pacific Bank (EPB) urging them to check their tax position and make any corrections to their tax affairs.

Mel Stride is shown the digital forensics capabilities of HMRC staff

Financial Secretary meets HMRC’s elite crime fighters

​The Financial Secretary to the Treasury, Mel Stride MP, has underscored his commitment for the UK to lead the fight against organised tax fraud and evasion in a visit to HMRC’s fraud investigation and intelligence teams on 14 March.

HM Revenue & Customs (HMRC) is the UK’s tax authority

HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.

HM Revenue & Customs (HMRC)

100 Parliament St
SW1A 2BQ London