Landlord back in jail over CGT evasion
17 Dec 2018
A Hampshire tax fraudster has been sent back to jail for failing to repay the £190,555 he obtained by evading capital gains tax (CGT) by failing to declare earnings from property sales
17 Dec 2018
Richard Fuller was jailed for two years and three months after an investigation by HMRC found he had never declared earnings from the sales of properties in the Aldershot area to evade CGT.
He was convicted after a trial of cheating the public revenue and fraud by false representation and was sentenced at Winchester Crown Court in August 2017. He was released in September 2018.
At the original trial, Fuller was ordered to repay the full amount or face more time in prison, but only paid £1,400.
Fuller was given a default sentence of two years in prison if he failed to pay back his confiscation order in full and this was activated on 30 November 2018 at North Somerset Magistrates Court. The amount he is required to repay under the terms of the confiscation order, £190,555, includes interest.
Richard Wilkinson, assistant director, fraud investigation service, HMRC, said: ‘This case proves crime does not pay. Fuller was ordered to pay back the money, but did not, so he will be spending Christmas in prison and still owe the money he stole. Our work does not end when fraudsters are jailed. We will always try to recover the proceeds of crime and ensure they are spent on our vital public services.’
Report by Pat Sweet