Tag: fraud

A luxury watch dealer, who dodged £1.25 million in tax by falsifying import paperwork to show Rolexes, Cartiers and Breitlings were worth as little as £39, has been jailed for three years. Darren Reay, 46, of Grimoldby, Lincolnshire, admitted misdescribing the watches as low-value ‘precision instruments’ – enabling him to pay import VAT of just […]