JAIL FOR £57M VAT FRAUDSTER
17 Jun 2006 12:15 PM
A fraudster was today sentenced to six years imprisonment for his
part in an estimated £57m mobile phone VAT scam following a lengthy
investigation by HM Revenue & Customs (HMRC).
Mark Selby pleaded guilty at the Royal Courts of Justice to his
involvement in a Missing Trader Intra Community (MTIC) VAT fraud
involving the bogus sale of mobile telephones between May 2002 and
May 2003. He was sentenced to five years imprisonment for cheating
the Revenue, six months imprisonment for associated money laundering
offences and six months imprisonment for each of five counts of
contempt of court. The contempt of court sentences are to run
concurrently, but consecutive to sentences for the other two
offences.
Robert Gray, HMRC Assistant Chief Investigation Officer said:
"Tackling this type of crime is HMRC's top fraud priority. MTIC
fraud is a deliberate attack on the VAT system, perpetrated by
organised criminals operating across and beyond the EU. The theft of
huge sums of taxpayers' money has a direct effect on the Government
funds that are available to spend on public services such as schools
and hospitals.
"Today's sentence is a further example of HMRC's determination to
bring to justice the criminals involved in this type of fraud and
also vigorously pursue the recovery of their criminally derived
assets."
The fraud was operated through various companies that were set up to
trade in mobile telephones, including Selby's company, Maple Link
France (SARL). During the period £326.5 million was credited to Mr
Selby's company account as payment for telephones sold
to twelve UK companies.
He also supplied mobile phones to Spanish traders who in turn
supplied the same 12 UK companies. These UK companies then failed to
pay the VAT due to HMRC. The total VAT stolen amounted to
approximately £57 million. It is believed that Selby's personal
profit from the scam amounted to around £1.5 million.
An analysis of the trading chains reveals that there was no
legitimate commercial sense in the buying and selling of the
telephones. It was not necessary for there to be any commodity. The
profit element in the transactions was solely in the stolen VAT.
Much of the proceeds from the fraud ended up in either Mr Selby's
personal account, the account of Maple Link or was transferred to
accounts held abroad. Mr Selby worked from his base in France.
However, the company bank account is in London.
HM Revenue & Customs officers arrested Selby and applied for his
extradition from France to the UK and this took place in November
2004.
This case was successfully prosecuted by the Revenue and Customs
Prosecutions Office (RCPO). RCPO is an independent prosecuting
authority that reports to the Attorney General, and is responsible
for the prosecution of all HMRC cases.
Notes for editors
1. Mr. Selby was born on 9 February 1967 and is a British national.
2. Mr Selby was charged with Cheating the Public Revenue and money
laundering.
3. HMRC has applied for a confiscation order and the hearing will
take place at a future date.
A photo of Mr Selby is available from HMRC press office on request.
4. Missing Trader Intra-Community (MTIC) VAT fraud is an organised
criminal attack on the VAT system, which is estimated to have cost
the UK exchequer between £1.1bn and £1.9bn in stolen VAT revenues in
2004-05. In its simplest form this type of fraud involves obtaining
a VAT registration number in the UK for the purposes of purchasing
goods free from VAT in another EU Member State, selling them at a
VAT-inclusive purchase price in the UK and then going missing or
defaulting without paying the VAT due to HMRC. A more abusive form
of the fraud - known as carousel fraud - involves the same goods
being traded around contrived supply chains within and beyond the EU,
re-entering the UK on a number of occasions with the VAT being stolen
each time. The goods most commonly associated with this fraud are
mobile phones and computer chips. The organised criminal networks
behind these frauds are well resourced, innovative, resilient and
known to be involved in wider criminality including armed robbery,
kidnapping and drugs smuggling.
5. HMRC's strategy for tackling MTIC fraud aims:
* To stop the fraud before it can begin - by identifying bogus
businesses and refusing to register them for VAT purposes;
* Where fraudulent trading begins, to identify and stop it at the
earliest opportunity - by operating close controls on suspect
businesses and those trading in affected sectors; and
* Where it cannot be stopped, to disrupt the fraud - by tackling all
points in the supply chains and those orchestrating them, using the
full range of criminal and civil measures available to us and working
closely with UK agencies and authorities abroad to identify and
target suspect activity.
In response to increasingly sophisticated tactics by the fraudsters
and an increase in activity associated with MTIC fraud, HMRC has
strengthened its MTIC strategy through:
* operational improvements, including strengthening checks at
registration to better identify fraudulent and bogus applications,
redeploying additional compliance officers to verify repayment claims
from businesses trading in suspect supply chains and using barcode
scanning technology to better identify goods involved in the fraud;
* work to strengthen international co-operation with both EU Member
States and non EU countries;
* a tougher approach to litigation with increased specialist resource
targeted at criminal investigation; and
* legislative measures in this year's Finance Bill to
clarify/strengthen UK powers.
In addition the Government has applied to the European Commission for
a derogation to introduce a reverse charge accounting system for
goods commonly used in MTIC fraud. This would effectively remove VAT
from business-to-business transactions.
6. The Revenue & Customs Prosecutions Office (RCPO) was created by
Royal Assent on 18 April 2005. An independent prosecuting authority,
RCPO reports directly to the Attorney General, and is responsible for
prosecuting some of the largest drug and fraud cases in the UK. For
further information please contact the RCPO press office on 020 7865
5666.
Issued by HM Revenue & Customs Press Office
Website www.hmrc.gov.uk