"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, April 11, 2007

6 years for £1Mn VAT fraud

Abdullah N'Jie (43), also known as Adam Michael Cole, of 9, Dolben Court, Willen, Milton Keynes. Abdullah N'Jie traded over a three year period, using three different business names Jainbi Seafoods Limited, a restaurant/takeaway formerly operating at 123 Midland Road, Bedford, Integration Innovators Limited, purporting to sell electrical goods at Glynn Square, Wolverton, Milton Keynes, and ANA Business Enterprises Limited, allegedly trading in a similar market together with consultancy work from his address at 1 Clarence Road, Stony Stratford, Milton Keynes.

He made false VAT claims totalling £1,104,795 and was charged at Aylesbury Crown Court with 11 counts of Cheating the Revenue and one count of False Accounting under the Theft Act 1968. He pleaded 'not guilty' to all but one of the charges. The jury returned an unanimous 'guilty' verdict on all 11 counts.

He was sentenced today to 6 years for VAT fraud and a Confiscation Order is currently being pursed to reclaim the illegal profits N'Jie gained.

No comments:

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish