Man arrested on suspicion of £1million tax fraud in dawn raid on Ilford home

TJ-STOCK-Cash-Money

- Credit: PA Wire/Press Association Images

An Ilford man has been arrested on suspicion of being involved in a £1 million capital gains tax and income tax fraud during a dawn raid today (Thursday).

Officers from HM Revenue and Customs (HMRC) arrested a 54-year-old man at a house in Ilford.

They also searched a home in Manor Park, seizing business records and cash, arresting a 51-year-old man.

Alan Tully, assistant director of HMRC criminal investigation, said: “We are investigating what we suspect is a large-scale, organised tax fraud to steal £1 million of taxpayers’ money.

“Today’s operation is part of a HMRC property taskforce campaign to clamp down on those believed to be dodging capital gains tax.


You may also want to watch:


“It sends out a clear message – we will relentlessly pursue those believed to be involved in fraud.”

Both men are currently being questioned under caution by officers.

Most Read

Anyone with information about tax fraud should contact the Tax Evasion Hotline number on 0800 788 887.

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter