Friday, 21 November 2008

Jailed VAT fraudster ordered to sell helicopter

Craig Johnson, who is serving 12-and-a-half years in prison for his part in a multi-million pound mobile phone related VAT fraud, has been ordered to repay £26 million to the UK government. It means he'll need to sell his helicopter, his stately home and several luxury cars. He faces an additional 10 years in prison if he doesn't repay the money: £8m within the next 12 months and the remainder within a further year. [Source: BBC News]

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