Sharechat Logo

Wellington accountants jailed for fraud

Friday 17th August 2012

Text too small?

Tax advisers Barrie Skinner and David Rowley were jailed in the High Court in Wellington after being found guilty of reaping $2 million from their fraudulent schemes.

The Inland Revenue Department welcomed Skinner's eight-and-a-half year jail term and Rowley's eight-year sentence, after the sentencing in Wellington today. The pair were convicted of filing fraudulent tax returns on behalf of their clients where they claimed fake expenses in excess of $9 million, and were also found guilty of attempting to pervert the course of justice.

"This sentence shows that Inland Revenue and the courts view such offending very seriously," Patrick Goggin, IRD group manager assurance, said in a statement. "Advisers need to take care when advising clients who are under investigation and Skinner and Rowley crossed the line by coaching their clients to lie to Inland Revenue."

The pair filed false income tax and GST returns on behalf of their clients through the agency, Tax Planning Services, for goods and services that were never provided, meaning their clients paid an invoice for the claim but received the bulk of the payment back. The net result reduced their clients' tax liability, and left Skinner and Rowley to pocket the difference.

BusinessDesk.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

GEN - Completion of Purchase of Premium Funding Business
Fletcher Building Announces Executive Appointment
WCO - Director independence determination
AIA - welcomes Ngahuia Leighton as 'Future Director'
Mercury announces Executive team changes
Fonterra launches Retail Bond Offer
October 29th Morning Report
BIF adds Zincovery to its investment portfolio
General Capital Resignation of Director
General Capital subsidiary General Finance update