The director of a PPI and Personal Injury claims call centre business, and an accountant, have been jailed after an investigation into a £2.3m tax and insurance fraud.
David Buckley, aged 51, of Redwing Road, Basingstoke, stole PAYE deductions from employees and VAT whilst he was the managing director of Compensation Professionals Network Ltd between 2008 and 2012. The call centre employed around 100 people to buy and sell leads for personal injury and PPI claims.
Buckley hired Swansea-based accountant Mahmood Sadiq Poptani, 60, in 2011.
HM Revenue and Customs (HMRC) investigators found that instead of paying the taxes due, Buckley bought shares in other businesses and propped up his own failing company.
HRMC said that Poptani played a crucial role in the illegal movement of money from Compensation Professionals Network Ltd and sent £453,000 overseas, Winchester Crown Court heard.
Daren Cooley, assistant director, Fraud Investigation Service, HMRC, said in a statement to the media: “HMRC is committed to ensuring all companies and individuals pay the right tax at the right time and we will pursue those who fail to do so.”
Compensation Professionals Network Ltd went into liquidation in 2013 and Buckley and Poptani were arrested in November 2015. They went on trial at Winchester Crown Court on July 15 2019.
On the second day of their trial Buckley pleaded guilty to one count of the fraudulent evasion of VAT and two counts of the fraudulent evasion of income tax. Poptani pleaded guilty to one count of concealing criminal property.
Buckley was jailed for four years and 11 months and Poptani was jailed for two years and eight months.