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    UK ‘Did Little to Disrupt’ Gang Which Stole Billions, Funded bin Laden – Report

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    While the criminals stole vast sums of money via elaborate fraud schemes, British tax authorities allegedly “did little to disrupt the network” for years.

    A criminal network based in the UK managed to steal billions of pounds worth of taxpayer money via fraudulent schemes and used a portion of these gains to help fund al-Qaeda* in  and , the Sunday Times reports citing police and intelligence documents.

    The criminals were able to steal “an estimated £8bn in public money alone” (over $10 billion), with 1 per cent of the funds going to terrorists.

    The money was reportedly procured via “VAT and benefit frauds against the exchequer”, along with “mortgage and credit card fraud targeting banks and individuals”.

    According to the newspaper, the gang was also associated with one of the perpetrators of the 7 July 2005 bombings which claimed the lives of 52 and left over 700 injured.

    As the Daily Mail points out, the British authorities became aware of the gang's activities back in 1995, with the resulting four-year investigation by the Inland Revenue concluding that the criminals were using “a network of factories and companies and exploiting their workers for identity and benefit frauds, the sale of counterfeit goods, car crash scams and mortgage and credit card frauds.”

    The newspaper also notes that the Her Majesty's Revenue and Customs (HMRC) and other agencies “did…

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