Barristers arrested in carousel fraud investigation

TWO BARRISTERS have been arrested and a third faces questioning over an alleged tax fraud.

The two barristers have been arrested in relation to carousel fraud, where goods are passed around and the VAT collected but not passed onto HM Revenue & Customs, reported the Daily Mail.

An HMRC spokesman said: “Two barristers have been arrested in connection with suspected revenue offences.

“Tax fraud not only robs the exchequer, and therefore honest UK tax payers, of vital funds, but is also unfair to respectable businesses that play by the rules.

“HMRC takes all tax fraud seriously and we will bring anyone involved in this type of criminal activity before the courts, whatever their trade or profession.

“As these are ongoing investigations we cannot comment further at this stage.”