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Fraudster who lived in North Cyprus Jailed in UK

Fraudster who lived in North Cyprus Jailed in UK

August 21
10:59 2018

North Cyprus News - David Michael HughesA former North Wales taxman who masterminded a £7m theft has been jailed for nine years at Southwark Crown Court.

Hughes, originally from Llandudno, had been employed by the Inland Revenue in Colwyn Bay in the 1980s.

But he went on to set himself up as a tax consultant and using offshore accounts and a network of bank accounts, he became the driving force behind a scam that saw millions of pounds of taxes deducted from construction workers’ wages through fraudulent payroll schemes.

However, in order to evade arrest, Hughes moved to North Cyprus in 2011, where there is no extradition treaty with any country other than Turkey.

Seven years, in January 2018, tax investigators managed to seize him, when they caught him getting off a flight from Turkey at Heathrow.

The jury found him guilty of three counts of conspiracy to cheat the Inland Revenue, two counts of false accounting and one count of money-laundering.

North Wales Daily Post