A British millionaire businessman, serving four years in prison after failing to pay £1.3 million in tax, has been ordered to payback £1,232,189.23 or serve a further eight years in prison and still owe the money.
Peter Duffield of Greater London failed to submit a single tax return on his earnings for seven years, telling investigators he wasn’t a “paperwork person”. An investigation by HMRC also found the haulage business and clay shooting club owner kept the profits from the sale of three properties quiet.
Gun enthusiast Mr Duffield will lose a number of properties to pay back what he owes. When he was arrested in June 2015, £20,000 in cash found in his car was seized and used in payment towards his tax debt.
Nicol Sheppard, assistant director, fraud investigation service, HMRC, said: “Crime really doesn’t pay. We’re determined to recover stolen tax from criminals who think they can steal from the public purse and get away with it.
"This confiscation order shows that we don’t stop once someone has been jailed, but our actions continue until we have deprived criminals of their illegal profits. This recovered cash will be directed to where it should have been - toward funding vital public services.”
At a confiscation hearing at Central Criminal Court on 29 November, 2017, Mr Duffield was ordered to pay £1,232,189.23 within three months otherwise he will serve an extra eight years in prison.
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