Overcast

Overcast

max temp: 15°C

min temp: 11°C

ESTD 1874 Search

The pigs are coming. Find out more about

Pigs Gone Wild

here.

Haverhill: Tax cheat worked with wife to hide his fortune

08:00 01 May 2014

Convicted tax cheat Stephen Oakley

Convicted tax cheat Stephen Oakley

Archant

A convicted tax cheat from Suffolk has been jailed after working with his wife to hide an illicit fortune owed to the public purse.

Stephen Oakley moved hundreds of thousands of pounds between accounts – some under his wife’s name – to keep detectives from his stolen cash.

The 58-year-old, from Little Wratting, near Haverhill, had been given a suspended sentence in March 2011 for his part in a multimillion pound tax fraud masterminded by Solihull con man Thomas ‘Tommy’ Scragg -–who was jailed for 17 years in 2012.

In a bid to protect his ill-gotten gains from police, who had started confiscation proceedings, Oakley worked with his wife Lorraine Oakley, 58, using their Suffolk business as a cover, to hide the cash.

An investigation by West Midlands Regional Asset Recovery Team (RART) and HM Revenue & Customs (HMRC) uncovered the
fraud and the couple were charged.

Both were found guilty of conspiracy to defraud following a five day trial at Birmingham Crown Court in March this year.

Mr Oakley was also found guilty of three counts of perverting the course of justice.

He was jailed for two years at Birmingham Crown Court on Friday. His wife Lorraine was given a nine-month prison sentence.

Detective Sergeant Derek Tinsley said: “Stephen Oakley, along with many others involved in the original racket, had cheated the tax payer out of a significant amount of cash.

“It was our job to impose restraints on their finances and to investigate exactly how much they were able to obtain as a result of the scam.

“But he thought he could get around this legal process by working with his wife Lorraine to move the cash between different accounts, using their business in Suffolk as a cover.

“The problem for them was that there’s always an audit trail and as a result of close work with HMRC we were able quickly catch on to what they were doing and bring further charges.”

“Confiscation and forfeiture orders strike right at the heart of the principal motivation for organised crime – money.

“We will never rest on our laurels as we continue to seek new opportunities to remove assets from offenders.”

Confiscation proceedings are continuing.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Walkers get ready for the start of the ladies midnight walk in aid of St Helena Hospice at Weston Homes Community Stadium, Colchester, Essex, United Kingdom on 28-May-2016.
Picture: Steve Waller 
www.stephenwaller.com

Hundreds of ladies illuminated the streets of Colchester this weekend — wearing their finest and brightest neon clothes and accessories for St Helena Hospice’s eighth annual Midnight Walk.

Police are investigating an incident at Tannington.

Two people were today being questioned by police after an attack on an ambulance crew and two police officers in one of the smallest and most rural hamlets in Suffolk.

The area of Clacton affected by the dispersal order

Douglas Carswell last night condemned the “appalling” actions of Clacton teenagers after police imposed a 48-hour dispersal order zone in a residential area to tackle a spike in anti-social behaviour.

File photo dated 15-06-1996 of Paul Gascoigne celebrating his goal with Teddy Sheringham in the Euro 96 clash against Scotland, at Wembley. Photo: Neil Munns/PA Wire.

It may have ultimately ended in defeat to old rivals Germany but Euro ‘96 was far from being England’s worst footballing campaign.

The Ipswich Foyer in Star Lane.

A petition to save a centre that acts as a lifeline to vulnerable young homeless people in Ipswich has attracted more than 1,000 signatures in just four days.

Priti Patel

Pro-Brexit Essex MP Priti Patel added to a new row in the EU Referendum campaign by accusing the leaders of the “Remain” side of being so wealthy and privileged that they did not understand the concerns of most voters.

Enjoy a family day out at the Suffolk Show

Looking for ways to entertain the family during the school holidays? Here we bring you a round up of what is on in Ipswich, Bury St Edmunds and elsewhere in Suffolk, and into north Essex.

Most read

Great Days Out

cover

Click here to view
the Great Days Out
supplement

View

Most commented

HOT JOBS

Show Job Lists

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24