Family busted for 59 million rand VAT fraud.

Norman Delport, his wife Johanna, are both trustees of the Delport Family Trust and the Eden Rock Trust. Both trusts are VAT-registered for farming purposes. Between 2011 and 2014, the family trust allegedly inflated VAT claims by 15 million rand. Meanwhile, between 2011 and 2015, Eden Rock is said to have unlawfully claimed 21 [...]

SARS VAT fraud—three men sentenced to 25 years in prison.

Garth Coetser, Anton Meyer, and Clifford Stevens swindled the South African Revenue Service (SARS) out of almost 300 million rand, through VAT refund claims. The VAT fraud‚ along with further criminal activity‚ was conducted under the pretext of electronic equipment being imported from the US, and subsequently exported. The men used this method in [...]

College lecturer and lay preacher jailed for £51 million VAT scam.

Malcolm Edwards-Sayer is a lay preacher and college lecturer who created a network of fake businesses to obtain fraudulent tax payments. He was caught when he purchased a meaningless lordship, and used his new title to establish offshore bank accounts. Edwards-Sayer pretended that he imported high-value goods such as mobile devices, and subsequently sold [...]

Prison sentences for convicted owners of Menarini Pharmaceutical.

Lucia Aleotti Menarini The Menarini Group is the self-proclaimed “leading Italian pharmaceutical company in the world”. Lucia Aleotti Menarini and Alberto Aleotti, the respective president and vice-president of the business, established bogus offshore companies. This companies used a fake billing system to inflate the prices of their pharmaceutical products. These products were ultimately purchased [...]

US Customs fraud—Hong Kong jewelry company fined $800,000.

Fai Po Jewellery, in Hong Kong, submitted false invoices to the government for merchandise imports, to avoid paying over $1 million in customs duties. Between 2007 and 2009, Fai Po issued false invoices with their shipments to US company ShopNBC, and sent the true, full value invoice to them by email. Fai Po advised [...]

Layne Christensen fined $5.1 Million for customs fraud and bribery.

Over a five-year period, water-management, construction, and drilling company Layne Christensen received around $3.9 million in illegal benefits. These were received in the form of bribes, typically paid through its subsidiaries in Africa and Australia. Some of Layne Christensen’s subsidiaries were funded by cash transferred to them from Layne’s US bank accounts. Layne made [...]