Financial investment specialist, Kaj Jensen, 75, spared jail after cheating taxpayer out of nearly £40,000
PUBLISHED: 15:31 25 November 2014 | UPDATED: 15:31 25 November 2014
A 75-year-old Suffolk financial investment specialist has been spared jail after cheating the taxpayer out of nearly £40,000 in benefits.
Company director Kaj Jensen, of Whatfield Hall, Whatfield, near Hadleigh, enjoyed a lavish lifestyle, dining at The Ivy in London and travelling the world, Ipswich Crown Court heard during his trial earlier this month.
He was given a 10-month prison sentence, suspended for 18 months when he returned to the court for sentencing.
Judge David Goodin also put Jensen under a 27-week curfew between 8pm and 6am, although this was lifted for a week between December 7 and 15.
During Jensen’s trial it emerged he had kept housing and council tax benefit overpayments despite travelling abroad, spending money on restaurant and hotel bills, and shopping at upmarket stores.
Jensen, who had holidayed in Hong Kong and Dubai as well as travelling to Ghana and Denmark, had denied being “deliberately dishonest” when filling in details of his income on a claim form.
However, he had failed to mention that he and his wife were receiving Danish pensions and that he had a private pension and held a number of company directorships.
He also failed to tell the authorities about two bank accounts he had.
Jensen had denied deliberately setting out to deceive and being dishonest when he filled in a benefit claim form.
Jensen told the court that “dishonesty” was an alien word to him.
“I’m not that kind of person,” he said.
Jensen was overpaid £28,383 housing benefit and £11,332 council tax benefit.
He had denied dishonestly making a false statement in 2007 in a claim for housing benefit and council tax benefit by falsely representing he had declared all income, directorships, pensions and bank accounts for himself and his wife.
He also denied dishonestly failing to disclose information for the purpose of obtaining Discretionary Housing Payment and dishonestly failing to promptly notify a change in circumstances between June 2011 and June 2013 while in receipt of housing benefit and council tax benefit from Babergh District Council.