Fraudsters jailed for site security tax dodge

Grant Prior 14 years ago
Share

A husband, wife and their three daughters have been sentenced for their part in a multi million pound tax and money laundering fraud centred on their construction security business.

Isaac William from London ran businesses supplying security guards to the construction industry called Solomon Co-Operative Services/Chris Solo Co-Operative Services (CSCS) and Euro Co-Operative Services

He was jailed for failing to declare £5m of business profits and not paying the correct amount of tax due.

His wife Venus, and their three daughters Maria Gunasekara, Sylvia William and Sophie William were also sentenced for laundering £1.3m from the business into their own bank accounts.

Simon De Kayne, Assistant Director of Criminal Investigation for HM Revenue & Customs (HMRC), said:
“Isaac William failed to declare his company’s income or pay taxes of £1.1m from his business activities.

“The amount he owes now stands at £2.6m including interest. His wife and daughters then continued the web of deceit by laundering over £1.3m through their personal bank accounts.

“Their criminal activities ensured they were able to fund luxury lifestyles and further increase their wealth at the expense of the taxpayer.

“We will continue to pursue those involved in this type of criminal activity and bring them before the courts. We will now work to reclaim the proceeds of their crime.”

HMRC investigators found that between 1999 and 2008 Williams’ businesses Solomon Co-Operative Services/Chris Solo Co-Operative Services (CSCS) and Euro Co-Operative Services received income of £6m.

Isaac William submitted partnership, personal income tax, VAT and PAYE returns to HMRC declaring the income as £1m.

Some of the undeclared profits were transferred from the business bank accounts into his wife’s and daughters’ personal accounts.

The family members used the money to finance the purchase of two properties in Pakistan, properties in the UK and several trips to Dubai and Pakistan.

They withdrew large amounts of cash and transferred some of it into bank accounts they held in Dubai and Pakistan.

Isaac William pleaded guilty to ten counts of tax fraud in May and was sentenced on Friday at Kingston Crown Court.

Venus William and their daughters Maria Gunasekara, Sylvia William and Sophie William were all found guilty of money laundering offences on 13 October 2011, after a trial at Kingston Crown Court.

Confiscation proceedings are underway.

Isaac William of  London SW17 was sentenced  to four years imprisonment.

Venus Rose William of London SW17 was sentenced to 16 months imprisonment.

Maria Gunasekara nee William of New Malden, Surrey was sentenced to 12 months imprisonment, suspended for 12 months. She was also ordered to undertake 100 hours community service.

Sylvia William of Hounslow, Middlesex was sentenced to ten months imprisonment, suspended for 12 months. She was also ordered to undertake 100 hours community service.

Sophie William of London SW17 was sentenced to eight months imprisonment, suspended for 12 months. She was also ordered to undertake 150 hours community service.

Latest news

Balfour Beatty terminates Danny Sullivan labour deals

Around 500 workers on HS2 will be moved to alternative agencies or be taken on direct
2 days ago

Trio face prosecution after Hinkley site death

Main contractors and client to face charges over death of site supervisor
2 days ago

Buyers see recovery in house building sector

But civil and commercial work still in the doldrums
3 days ago

Apprentice saws-off thumb on hotel refurb site

Court hears how digit was reattached and teenager continued training with another firm
3 days ago

Laing O’Rourke tops June contracts league

£919m animal super lab dominates new orders
3 days ago

TSL turnover smashes £500m as profit almost trebles

Data centre and logistics contractor rises high on surging demand
3 days ago

Gleeson Homes chief exec leaves business after restructure

Management revamp after "challenging" year
3 days ago

Green light for 1,600-home Oldham town centre overhaul

Plans for over 1,600 homes across six regeneration sites approved
3 days ago

DSM wins Norwich city centre clearance job

Anglia Square shopping centre clearance for £300m scheme
3 days ago

13-year-old becomes UK’s youngest qualified digger driver

Grandson of Gallagher Group chairman sets industry record
3 days ago

Cubby reborn in £12m Svella-backed takeover

£50m revenue target set as 14 firms combine under new Cubby Group banner
4 days ago

North East NHS trusts plot £3bn health estate overhaul

Market engagement begins for major construction push across four trusts
4 days ago

HG goes green on cranes in £1.2m switch to battery power

Diesel-free crane drive cuts fuel bills by 94%
4 days ago

Developer fined £165,000 for fire safety failings

Firm ignored fire safety orders on apartment job in Preston
4 days ago

Bidding to start for £1.8bn North West framework

Contractors invited to bid for latest Procure Partnerships deal
4 days ago

Hill hits record £90m profit as homes pipeline swells

Build-to-rent push and £4.8bn contracting book to fuel next growth phase
4 days ago

Rayner unveils £39bn plan to build 300,000 social homes

Council building revival and rent reform feature in social and affordable homes plan
5 days ago

Keltbray bounces back with £3.2m profit

Tighter controls and smarter project selection fuel strong turnaround
5 days ago

VINCI JV wins 500-home twin town centre revamps

Chester Northgate phase 2 and Northwich Weaver Square schemes move to delivery stage
5 days ago

80 energy projects unlocked as Ofgem backs grid expansion

£24bn energy networks deal gets green light from regulator
6 days ago

How to see your stories on the Enquirer

Join our Suppliers and Buyers directory to get your news published
5 days ago

Henley lands Midland Mill revamp on Leeds tower scheme

Restoration of 18th-century mill kicks off on South Bank regeneration project
5 days ago

New boss at Eric Wright Civil Engineering

Gavin Hulme takes top job as Diane Bourne moves to group role
5 days ago

Pinewood submits £1bn data centre plan

Studio giant adds green and learning spaces to tech hub blueprint
6 days ago

Record results after TClarke goes private

Britain's biggest M&E contractor flourishes after de-listing
6 days ago

Dalkia lands £200m nuclear maintenance deal

1,000 nuclear FM staff to join M&E contractor
6 days ago

Construction comeback to outpace wider economy

Arcadis forecast fueled by spending review optimism
7 days ago

First steel goes up on giant car battery site

Severfield gets to work on McAlpine Somerset site
6 days ago

Permasteelisa wins cladding deal on Bovis city tower

Facade specialist lands package at 60 Gracechurch Street
6 days ago

Fox buys recycled asphalt specialist Fisher

Acquisition adds major recycled asphalt capacity in north west
6 days ago