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Weightlifting champion jailed over recycling VAT fraud

A scrap dealer has been jailed for a VAT fraud said to have involved more than £350,000.

Terrence Perdue, 44, from Trallwn Road, Swansea, represented Wales in weightlifting at three Commonwealth Games.

He was jailed for 14 months after he failed to pay more than £350,000 in VAT to HM Revenue & Customs (HMRC), which he had charged to customers of Bishops Waste Management and Valley Waste Metals.

Perdue was additionally jailed for a consecutive four months for an environmental offence.

HMRC investigators detained him in May 2014 following a probe of his business activities, which found that between 2009 and 2013 Purdue had charged VAT but withheld this from HMRC.

Colin Spinks, HMRC assistant director for criminal investigation, said: “This fraud made big profits for Perdue. He knew full well that by pocketing the VAT his customers had paid to him, he was breaking the law at the expense of the UK taxpayer.”

Perdue pleaded guilty to offences contrary to Section 72 of the Value Added Tax Act 1994 at Swansea Crown Court.

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