Tax Rebates & Refunds

London barrister found guilty of tax fraud

March 23, 2013
Posted in Fraud — Written by Jennifer

A barrister working from 1 Gray’s Inn Square in London has been sent to prison after he was found guilty of a £80,000 tax fraud.

60-year-old Edward Paul Agbaje, a specialist in criminal law, was prosecuted by HMRC, the department responsible for processing income tax and tax rebate claims as well as chasing up evasion and fraud, after failing to pay £80,000 in income tax over a period of seven years.

Mr Agbaje is understood to have been declared bankrupt twice, once in 1999 and once in 2008. He had also been deregistered for VAT by HMRC in 2005 after he failed to submit the correct VAT returns dating back to 1994. This meant he was not allowed to trade above the VAT threshold.

However, Mr Agbaje continued to do so without paying any VAT. He used his old VAT number on invoices and collected tens of thousands of pounds from his clients, without passing on the money to HMRC.

Mr Agbaje, who claimed that he spent his ill-gotten gains on gambling, was found guilty of two counts of cheating the public purse and was given an 18 month prison sentence at the Old Bailey.

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