There are 3 main types of duty fraud:
- Dutiable goods manufactured in the UK
- Dutiable goods acquired from the EU
- Dutiable goods imported from elsewhere
Under The Criminal Finances Act 2017 it is an offence for corporations and partnerships, if they fail to prevent employees, agents or others who provide services on their behalf from criminally facilitating tax evasion. Where there is evasion of UK taxes, any company based anywhere in the world can be liable, regardless of whether it has a business present in the United Kingdom.
At Spartans Law we understand the stress and concern that can be caused with such a serious allegation. We have extensive experience in successfully defending businesses and individuals accused of fraud. If you, or someone you know has been accused of this offence Contact Us now so we can help you.
Boiler Room Fraud
An allegation of boiler room fraud relates to an operation selling questionable shares to investors via telephone or email, often from a foreign company.
These allegations can be prosecuted as:
- Conspiracy to defraud
- Fraud by false representation
- Money laundering
Boiler room fraud is a complex area of law and thus requires a multi-agency approach.
It is possible that not only the investors are lured into the scam, but also professionals who genuinely believed it to be a legitimate business.
If you or someone you know has been accused with this offence, it is vital that you seek help from our experts as soon as possible. The investigating bodies would scrutinise company accounts and correspondence to ascertain any involvement, which can have a detrimental impact on a company or individuals reputation.
Contact Us now so a robust defence can be built. Taking legal advice from an early stage can often prevent a prosecution.