Five jailed in UK for inventing movie in tax scam

Last Updated: Monday, March 25, 2013 - 23:23

London: Five people have been jailed in Britain for pretending to make a Hollywood movie in a scam to defraud tax authorities of millions of pounds.

The fraudsters were convicted earlier this month of attempting to bilk the government of 2.8 million pounds (USD 4.2 million) in a plot reminiscent of the Academy Award-winning hit "Argo" but without that movie`s heroic hostage rescue.
Prosecutors said the fraudsters claimed to be producing a made-in-Britain movie with unnamed A-list actors and a 19 million-pound budget. But officials say the project was a sham to claim back millions in taxes.
Bashar Al-Issa, described as the leader of the fraud, was jailedtoday for six and a half years. The others were sentenced to around four years each.

PTI



First Published: Monday, March 25, 2013 - 23:23
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