Article: Arrest in suspected GBP1.2 million offshore tax fraud.

M2 PRESSWIRE-29 February 2008-UK Government: Arrest in suspected GBP1.2 million offshore tax fraud(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:28022008

Two 39 year old men have today been questioned by HM Revenue & Customs (HMRC) on suspicion of offshore tax evasion believed to have cost the Exchequer over GBP1 million.

The move follows an investigation into a number of business and personal offshore bank accounts being operated by the individuals.

Two private residences, in Wigan and Hyde, Greater Manchester, have been searched along with business premises in Worsley and an address in Gateshead.

Roy Clark, Director Criminal ...

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