HEAVY PRISON SENTENCES FOR MIDLANDS VAT FRAUDSTERS
4 Jul 2002 07:11 PM
Four men were sentenced to a total of 18.5 years imprisonment at
Birmingham Crown Court today for a £39 million series of VAT and duty
frauds involving computer components imported from the United Sates
and Hong Kong.
Omar Bassam, Paul Burke, Nicholas Skidmore and David Withers
controlled a network of companies and bank accounts and property in
both the UK and the Cayman Islands.
In the first stage of the frauds, computer components were imported
into the UK under false invoices - undervalued by up to 1000%. The
value of one consignment was declared as $2,000 when the true value
was nearly $1 million. The second stage involved the manufacture of
false invoices to support massive VAT reclaims to which they were not
entitled. To add credibility to the false invoices they 'hi-jacked'
the details and VAT number of Compaq Computers, a totally legitimate
company with no knowledge of the scam.
Customs' investigations led officers from Birmingham to the United
States, Germany and the Republic of Ireland and proceedings are
currently pending in the United States against the fraudsters US
supplier. Financial investigations showed more than £85 million
passing through just one bank account in the nine months between May
1998 and January 1999 and the assets of all four men have now been
seized by Customs.
One man, Withers, has pleaded guilty to an associated money
laundering offence.
Omar Bassam was sentenced to 18 months plus an additional 3 years if
he fails to pay nearly £800,000 compensation. Paul Burke was
sentenced to 3 years on each of two charges to run concurrent with an
additional 2 years if he fails to pay £440,000 compensation. Nicholas
Skidmore was sentenced to 7 years on each of four charges to run
concurrent with an additional 2 years if he fails to pay compensation
of £643,000. David Withers was sentenced to 6 years on each of two
charges to run concurrently plus 1 year for a money laundering charge
to run consecutively plus an additional 2 years if he fails to pay
compensation of £205,000.
H H Judge Derek Stanley said that this "had been a massive assault on
the public revenue". He praised customs investigators for the
thoroughness of their investigation and their presentation of what
had been a complex case.
"This was a concerted and sustained attack on the system, involving
fraud on a massive scale," said Frank Ferguson, Customs' Assistant
Chief Investigation Officer. "I am delighted that the case has been
brought to a successful conclusion and would like to pay tribute to
the hard work of the officers involved. The greed of these men led
them into a culture of crime, their businesses supported by a web of
fraud and lies. The sentences handed down today should serve notice
to anyone operating fraudulently in the computer trade - you will be
found and you will be punished."
Personal Details:
Name Omar Bassam
Address 34 Weavers Field, Girton, Cambridge
Date of Birth 5 June 1958
Name Nicholas Skidmore
Address 15 Rivermead, Kew, Southport
Date of Birth 21 December 1966
Name David John Withers
Address 7 Luttrell Road, Four Oaks, Sutton Coldfield, Birmingham
Date of Birth 15 June 1956
Name Paul Adrian Burke
Address 4 Harringworth Court, Shelfield, Walsall
Date of Birth 17 April 1964
Issued by HM Customs and Excise Communications Division
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