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Jailed Ex ATT President has more problems


A former president of the Association of Taxation Technicians (ATT) and a fellow company director who were both jailed for a £5 million pension scheme tax fraud have been ordered to pay back a total of £5.1 million.

Andrew Meeson and Peter Bradley must repay the money within six months or serve a further 10 years in jail.

The confiscation follows a financial investigation by HM Revenue and Customs (HMRC) into the assets of the men, who were each sentenced to eight and a half years in jail in March 2013.

Meeson and Bradley, both from Wolverhampton, had conspired to receive £5 million in fraudulent income tax repayments via their company, Tudor Capital Management Limited. The pair claimed that the repayments were due on pension contributions of £25 million made by scheme members, but HMRC investigators found that these contributions did not exist.

Adrian Farley, Assistant Director, Criminal Investigation, HMRC, said:

“Meeson and Bradley committed blatant theft, exploiting their positions of trust and authority. Our priority is to track down tax fraudsters and to confiscate their ill-gotten gains. If they do not pay up, they face a substantial additional prison sentence – and they will still owe the money on release.”

Published October 2014