Breaking news: Members of chambers secured acquittals for two defendants in the first UK prosecution for a missing trader fraud conducted using the artificial trade of carbon credit permits.

Charles Bott QC and Robert Marshall-Andrews QC led Mark Harries and Colin Aylott respectively in a trial at Southwark Crown Court that lasted over 3 months; the jury took less that 3 days to return verdicts of not guilty against their defendants.  Three men were convicted for their role in this £38 million pound fraud that brought about a change in the VAT laws applicable to emissions permit trading.

You can read more aboutt his case in the following articles:

Daily Mail - Fraud mastermind cheated taxpayer out of £39million in just 69 Days and spent the money on £1million home and a Rolls Royce

The Telegraph - Fraudsters jailed for 35 years for £38m VAT scam

Express - Trio cheated taxpayers out of £39M in 69 days

Mirror - Jailed...VAT fraudsters who made £39m in just 69 days

The Guardian - Seven charged in carbon trading VAT fraud case

Reuters - UK tax authority names carbon fraud suspects

 

 

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Date: 14/06/2012