Reporting fraud

[Meerkat]

Moral Dilemma for you.

Just found out someone i dont like is due to make a stash of cash (close to 1M) from a VAT carousel fraud scheme. He's a small fish, big players in the same scheme set to make many millions. Should i shop him? Would IR be interested in such a small fish or are they do busy making us contractors deemed employees?

[rootsnall]

Some not nice characters will be involved if it's multi millions, do your civic duty, keep your head down and walk on by if I was you.

[DaveB]

Moral Dilemma for you.

Just found out someone i dont like is due to make a stash of cash (close to 1M) from a VAT carousel fraud scheme. He's a small fish, big players in the same scheme set to make many millions. Should i shop him? Would IR be interested in such a small fish or are they do busy making us contractors deemed employees?

IR won't care, VAT definatley will. HMRC are all one happy familty now but Revenue and VAT are still two seperate operations.

From the DirectGov website.

You can report VAT fraud by calling the Customs Confidential hotline, 0800 595 000, open 24 hours, seven days a week.

You don't have to give your name or any personal details.

[Xenophon]

Moral Dilemma for you.

Just found out someone i dont like is due to make a stash of cash (close to 1M) from a VAT carousel fraud scheme. He's a small fish, big players in the same scheme set to make many millions. Should i shop him? Would IR be interested in such a small fish or are they do busy making us contractors deemed employees?

What do the other Meerkats think?

[King Cnvt]

Do you want a horses head in your bed?

[Rantor]

Moral Dilemma for you.

Just found out someone i dont like is due to make a stash of cash (close to 1M) from a VAT carousel fraud scheme. He's a small fish, big players in the same scheme set to make many millions. Should i shop him? Would IR be interested in such a small fish or are they do busy making us contractors deemed employees?

If someone is up to this sort of malarkey it is pretty serious stuff.

Whatever your motives for passing on this info (its serious criminal activity whatever you think of the guy) it would be worth considering one or two things carefully before making the call.

1. Is it true?

2. If he was nabbed, could he trace the info back to you?

3. Would the rest of his chums be dragged into it?

If the answer to 2 and 3 is Yes then think carefully. Not saying don't do it - just be careful.

[andy]

Better idea is to find out how he does it and share with us.

[PRC1964]

Do you want a horses head in your bed?

It would be better than some of the sights I've woken up next to in my drunken youth.

Seriously though, if you know this, does that mean that they know that you know it? If so, any anonymity offered may be worthless.

If they can't suspect you then go for it.

[Meerkat]

Its definately true. Not sure if he could trace it back to me, the bigger players dont know i exist and i think he may have been shooting his mouth about it to other people (girls! ) as well. . I think VAT are already on to him because apparently the payout has been delayed a number of times due to 'interest' from HMRC on where this money has come from. He's also had a bank account closed by the banks fraud dept - not sure if they pass that info on to HMRC? The main players are very very very big fish. To be honest i would like to see him get what he deserves, but obviously dont want to draw any attention to me either.

[Xenophon]

Can't you get in trouble yourself for not notifying the relevant authorities if it can be proved that you were aware of it?