RegulationJul 4 2013

Senior banker arrested for tax fraud

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by

A senior London banker was arrested yesterday (3 July) on suspicion of tax fraud, HM Revenue & Customs has said.

Investigators from HMRC arrested the 63-year old man at a residential address.

The suspected fraud concerns a personal tax return, and is not related to the person’s employer. His name has not been released.

Alan Lee, deputy director of criminal investigation for HMRC, said: “Tax fraud is a serious crime and HMRC will not hesitate to take action and investigate where we find evidence of someone not playing by the rules.

He added that HMRC could provide no further information because the investigation continues.