A former British tax official who masterminded a complex scheme using “shadow” companies to siphon off millions of pounds in tax payments from legitimate firms before laundering the funds through foreign bank accounts and property was jailed in London on Thursday. David Hughes, a consultant who in the 1980s worked as a tax inspector in what was then known as the Inland Revenue, was the ringleader of a conspiracy to steal and launder almost £7 million in taxes paid by clients and deducted from workers’ wages through fraudulent payroll withdrawals between January 2010 and May 2012, Southwark Crown Court heard....
The United Kingdom’s Crown Prosecution Service issued a press release announcing that David Michael Hughes has been sent to jail for stealing almost £7 million in unpaid taxes.
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