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Sat May 30 2020

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Plant fraudster ordered to repay £1m or stay in jail

4 Feb 19 A Leicestershire plant machinery salesman who was jailed for tax fraud has been ordered to repay nearly £1 million or face a further seven years behind bars.

Raymond John Weaver
Raymond John Weaver

Raymond John Weaver, 70, of Ashby-de-la-Zouch, was jailed for 30 months in March 2017 after he failed to declare sales of excavators and bulldozers to HM Revenue & Customs (HMRC), allowing him to fraudulently pocket VAT received from his customers.

Weaver was last week ordered to repay £990,000 within three months and will now face selling his assets, which include a £1.2m home, a villa in Portugal and a collection of cars.

Diccon Wood, assistant director of HMRC’s fraud investigation service, said: “Weaver made a deliberate decision to not disclose his sales in an attempt to avoid his tax obligations and keep the cash. His crimes put him behind bars and now he’ll repay what he stole or spend even more time in prison, and still have to pay the money back.

“Our actions don’t stop once someone is convicted, we will look to reclaim the stolen money.”

Following his arrest in December 2012, Weaver acknowledged there was ‘something wrong’ with his paperwork, but denied any wrongdoing. And in a bid to avoid paying income tax in the UK, Weaver had told HMRC that he resided in Portugal. But enquiries with the Portuguese authorities revealed he paid no tax there, telling them that his main residence was in Dubai.

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