Wayne Lineker, the brother of former England footballer Gary Lineker,
appeared in the Southwark Crown Court yesterday for his alleged involvement in a
£220,000 tax fraud plot.
The charges relate to a chain of sports bars Lineker set up in Spain and
Portugal that carry the famous Lineker name, the Guardian reports.
The court heard how Wayne Lineker had paid off bank officials to launder cash
earned from the bars and smuggle the money into the UK in suitcases. It is
claimed that the official, John Stacey, shifted the money through the internal
currency system at Natwest Stockbrokers and secured favourable sterling exchange
Stacey was convicted in February this year, after auditors exposed the scam.
Linker and his assistant Dave Hodges, also since admitted that between the
start of 1999 and the end of 2001 they conspired to defraud the tax authorities.
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Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory