tag:blogger.com,1999:blog-12343095.post7076788261882548055..comments2024-02-01T22:14:25.055+00:00Comments on UK TOP SECRET Postman Patel: Chancellor announces 92% drop in VAT carousel fraud (MTIC) ..... Street festivals, joy is unconfined... medals and knighthoods all roundzizhttp://www.blogger.com/profile/15249645812407323273noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-12343095.post-2950520216185354382007-10-10T19:20:00.000+01:002007-10-10T19:20:00.000+01:00see also Tax reporthttp://www.taxresearch.org.uk/B...see also Tax report<BR/>http://www.taxresearch.org.uk/Blog/2007/10/10/the-uk-tax-gap-exceeds-%c2%a380-billion/zizhttps://www.blogger.com/profile/15249645812407323273noreply@blogger.comtag:blogger.com,1999:blog-12343095.post-64885149334858930822007-10-09T21:35:00.000+01:002007-10-09T21:35:00.000+01:00It's important in a carousel to see where the init...It's important in a carousel to see where the initial funding comes from. Whether it's the UK broker/exporter or the EU supplier? Litle if any investigation appears to be done in these areas. So are the defendants in court just a screen? Who's got the billions that HMCR doesn't seem able to find?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12343095.post-80439007522002450002007-10-09T21:07:00.000+01:002007-10-09T21:07:00.000+01:00It is also evident that of some of the cases that ...It is also evident that of some of the cases that have reached the courts, some of the participants are self evidently front men/women and that there is a funding organisation behind them.<BR/><BR/>Also if we accept that the 2006 Financial year total of trade affected by VAT is £22 BN.ish ( nearly £2 Bn a month !!) the level of success in disclosing trade is of the order of at most over the zizhttps://www.blogger.com/profile/15249645812407323273noreply@blogger.comtag:blogger.com,1999:blog-12343095.post-181424695323416822007-10-09T20:17:00.000+01:002007-10-09T20:17:00.000+01:00It's odd that everyone charged with carousel fraud...It's odd that everyone charged with carousel fraud in the UK between 2004 and 2006 had a bank account at the First Curacao International Bank. It sounds as if they're all part of the same gang which begs the question who's running the frauds particularly as they all stem from the UK? Surely, with all the expertise at HMRC they must know. Why can't they let us in on the secret.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12343095.post-66913122326032359442007-10-09T19:19:00.000+01:002007-10-09T19:19:00.000+01:00These criminal activities seem to go in phases; dr...These criminal activities seem to go in phases; drugs in the early 1990s, excise fraud in the middle and late 1990s culminating in the exposure of a participating informant in the London City Bond case. From around 1995 to 2005 carousel frauds using computer chips and mobile phones dominated the scene.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12343095.post-5888706793097174962007-10-09T19:08:00.000+01:002007-10-09T19:08:00.000+01:00It seems the government can turn on or off VAT fra...It seems the government can turn on or off VAT fraud at will. The question must be who's controlling the fraud.Anonymousnoreply@blogger.com