Dallas the TV series was synonymous with dodgy millions
squandered by dodgy people. Our own Dallas Road Sydenham (above) was home to a
fraud that makes the Great Train robbery look like petty theft - and from us -
the British taxpayers.
Two of a gang of four lived at number 42. The gang were
involved in a "carousel" VAT fraud estimated to have cost at least £40
million in lost VAT were found guilty at Maidstone Crown Court on Friday 12th
August 2005. The two women were described by a neighbour as nice and very
polite young ladies in the music business. This explained the late night
visitations from a wide variety of people in posh cars. The only surprise was
their own very expensive sports car "bought with some money they had just come
into". Now we know where it came from!
The scam, which continued for over two years, involved
buying mobile phones from three fictitious companies and using false receipts
to charge VAT on the transactions. The loss to HM Revenue & Customs during
this period is estimated to be more than £40 million. The proceeds from
this crime were then sent to the Hong Kong bank accounts of a number of
companies created to perpetrate the fraud.
The companies with the Hong Kong bank accounts were in
fact clones of existing British-registered companies dealing mostly in mobile
phones and the accused issued fraudulent invoices in the names of the existing
British companies, and VAT was charged on those invoices under their true VAT
registration numbers.
The invoices themselves were manufactured to resemble
those used by the real companies, often by means of downloading logos and other
details from the internet. Buyers were instructed to make payment to the Hong
Kong accounts. The funds could then be electronically dispersed.
Assistant Chief Investigation Officer Deborah Hayman
said: "This type of fraud is not a victimless crime and threatens the economic
well-being of the country. This result sends a clear message that HMRC is
committed to tackling the most serious organised crime that attacks our Revenue
systems. Not only will we dismantle and prosecute these organisations, but we
will vigorously pursue the recovery of their criminally derived assets."
All four have been remanded in custody and will be
sentenced on 9 September 2005.
Those found guilty were:
- Stephen Michael Pigott, DOB 27/12/62.
Musician/music
producer of 62 Alkhor Plaza, Al Garhoud Road, Dubai, UAE.
- Stacey Haber-Hofberg, DOB 25/01/62.
Music lawyer
and ex-NY Judge of 5 Haslemere Road, Liphook, Hampshire.
- Joanna Cynthia Harris, DOB 24/02/69.
Fitness
instructor of 42 Dallas Road, Sydenham, London SE26.
- Theresa Ifeyinwa Igbanugo, aged 38.
Record label
director of 42 Dallas Road, Sydenham, London SE26.
The defendants faced the two charges of: Cheating the
Public Revenue with intent to defraud, contrary to Common Law. (Money
Laundering) Assisting another to retain benefit of criminal conduct contrary to
s93A(1) (a) CJA 1988. Stephen Michael Pigott pleaded guilty to both charges on
the first day of the trial.
Sentencing in this case has been deferred until 9
September 2005.
Prior to trial, restraint orders were obtained against
all defendants following the identification of significant assets in the form
of properties, luxury cars and bank accounts within the UK and abroad. Steps
are now underway to confiscate the proceeds of the criminal activity.
Based on a report issued by HM Revenue & Customs
Media Relations Team |