Rex Tedd QC and Ian Bridge Defend In MTIC Fraud Confiscation

Fri, 07 Dec 2012

Seven men from Birmingham who tried to steal £45 million in a VAT fraud have been ordered to pay back nearly £2million of their criminal profits, after cash was found in safety deposit boxes and in cassette cases at home addresses of the men involved. 
 
The defendants ran six companies that brought and sold mobile phones and CD ROMS, all of which were within the 'missing trader' conspiracy. The gang had formerly been jailed for a combined total of 62 years after an investigation into 'missing trader' VAT fraud. 
 
To identify the hidden assets, the investigations have involved analysis of hundreds of UK and overseas bank accounts. 
 
Richard Meadows, Assistant Director of Criminal Investigation, for HMRC, said: “We are determined that this money will be restored to the nation’s finances and we are grateful for the help we have received from law enforcement authorities in Dubai and Hong Kong."
 
 
Please click here to view the profiles of Rex Tedd QC and Ian Bridge, defending.

Related articles

Hitting the statute books at the very start of the now seemingly distant nineties...

Date: Wed, 09 Sep 2020
No5 are actively promoting diversity and inclusion from application to tenancy...

Date: Wed, 15 Jul 2020
No5 Barristers' Chambers will be observing a one minute silence at 11:00 for key workers who have died in the coronavirus pandemic....

Date: Tue, 28 Apr 2020