Watford Man Jailed Over Tax Fraud

A man from Watford's been jailed for 5 years over a £1.3m tax scam.

51 year-old Paresh Vyas, from Observer Drive, was one of three men sent to prison over the fraud.

The men shipped second-hand luxury cars to Malaysia so they could claim the tax back.

The cars included Lamborghinis, Ferraris and Porsches worth up to £200,000 each.

They managed to fraudulently claim £20,000 in VAT on just one Ferrari.

In total, the three men have been sentenced to 14 and a half years in jail.

Paul Barton, Assistant Director, Criminal Investigation, HMRC said "This was a blatant attack on the tax system. Their only aim was to line their pockets at the expense of the taxpayer.

"These three took away more than a million pounds from vital public services through this fraud and we will aim to recoup the proceeds of their crime. Tax crime does not pay."