[2009] EWCA Crim 1601

Where the benefit from a carousel VAT fraud amounted to £7.28 million, of which £5 million remained unaccounted for, the defendant had failed to demonstrate, on the balance of probabilities, that he had not hidden the remaining proceeds of the crime. In the circumstances, the judge was entitled to make a confiscation order in the sum of £1 million.

CA (Crim Div) (Hughes LJ (V-P) , Rafferty J, Slade J)

15/07/2009