Back
News

Stoke-on-Trent bar seized from big-time VAT fraudster

Fraudster Raymond Woolley, who made £15m in a complex VAT fraud, has had £4m of his assets seized, including the Ashes bar, near his home in Stoke-on-Trent, valued at £270,000.

Customs secured a confiscation order against the former plumber at Birmingham Crown Court yesterday for another £9.5m of assets.

Woolley has meanwhile escaped from prison and is thought to have fled abroad where he is believed to have laundered some of his illegal profits.

References: The Guardian 04/03/05 page 3

Up next…