Skip to main content

Celebrities, bankers and football stars named as victims in £125m tax fraud case

Investor: Paul Burrell

Celebrities, bankers and football stars have been caught up in an alleged £125million tax fraud after putting their money into film investment plans  that turned sour.

West Ham United manager Sam Allardyce, Princess Diana’s former butler Paul Burrell and pop singers Mike Skinner of The Streets and Damon Gough (known as Badly Drawn Boy) were all investors in the schemes.

City figures, including Caspar Shand Kydd, nephew of Princess Diana’s stepfather, Peter Shand Kydd, also put in cash.

Five people said to be behind the alleged frauds were last month charged  by the Crown Prosecution Service. Keith Hayley, Robert Bevan, Charles Savill, Cyril Megret and Norman Leighton will appear before Birmingham magistrates next month.

  More... The bizarre world of petrol pricing Pharma giant Shire could return £2bn to investors

The CPS said film tax reliefs were ‘abused and dishonestly marketed in order to cheat the public revenue. The evidence suggests the value of allowable losses was falsified, there was a conspiracy to defraud investors and that documents were falsified for accounting purposes’.

Companies House records show that the celebrities were investors. There is no suggestion any of them were aware of the alleged fraud. The CPS says the investors were also victims.

Film schemes have been popular among City and  entertainment figures over the past ten years, but many set-ups have been challenged by the taxman.

Some investors sued  their financial advisers over the plans.

Rebus, a claims management firm that is handling many of those actions, says more than 200 footballers have invested more than £1billion in similar ventures in the past 15 years.

Popular posts from this blog

Study Abroad USA, College of Charleston, Popular Courses, Alumni

Thinking for Study Abroad USA. School of Charleston, the wonderful grounds is situated in the actual middle of a verifiable city - Charleston. Get snatched up by the wonderful and customary engineering, beautiful pathways, or look at the advanced steel and glass building which houses the School of Business. The grounds additionally gives students simple admittance to a few major tech organizations like Amazon's CreateSpace, Google, TwitPic, and so on. The school offers students nearby as well as off-grounds convenience going from completely outfitted home lobbies to memorable homes. It is prepared to offer different types of assistance and facilities like clubs, associations, sporting exercises, support administrations, etc. To put it plainly, the school grounds is rising with energy and there will never be a dull second for students at the College of Charleston. Concentrate on Abroad USA is improving and remunerating for your future. The energetic grounds likewise houses various

Best MBA Online Colleges in the USA

“Opportunities never open, instead we create them for us”. Beginning with this amazing saying, let’s unbox today’s knowledge. Love Business and marketing? Want to make a high-paid career in business administration? Well, if yes, then mate, we have got you something amazing to do!   We all imagine an effortless future with a cozy house and a laptop. Well, well! You can make this happen. Today, with this guide, we will be exploring some of the top-notch online MBA universities and institutes in the USA. Let’s get started! Why learn Online MBA from the USA? Access to More Options This online era has given a second chance to children who want to reflect on their careers while managing their hectic schedules. In this, the internet has played a very crucial in rejuvenating schools, institutes, and colleges to give the best education to students across the globe. Graduating with Less Debt Regular classes from high reputed institutes often charge heavy tuition fees. However onl

Sickening moment maskless 'Karen' COUGHS in the face of grocery store customer, then claims she doesn't have to wear a mask because she 'isn't sick'

A woman was captured on camera following a customer through a supermarket as she coughs on her after claiming she does not need a mask because she is not sick.  Video of the incident, which has garnered hundreds of thousands of views on Twitter alone, allegedly took place in a Su per Saver in Lincoln, Nebraska according to Twitter user @davenewworld_2. In it, an unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of the customer recording her. Scroll down for video An unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of a woman recording her A woman was captured on camera following a customer as she coughs on her in a supermarket without a mask on claiming she does not need one because she is not sick @chaiteabugz #karen #covid #karens #karensgonewild #karensalert #masks we were just wearing a mask at the store. ¿ o