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Weightlifter Terrance Perdue jailed for VAT fraud | Weightlifter Terrance Perdue jailed for VAT fraud |
(about 1 hour later) | |
A Welsh Commonwealth Games weightlifter who failed to pay more than £300,000 of VAT on his scrap and waste businesses has been jailed. | A Welsh Commonwealth Games weightlifter who failed to pay more than £300,000 of VAT on his scrap and waste businesses has been jailed. |
Terrance Perdue, 44, also failed to stick to environmental regulations at his industrial yard in Webbons Way, Townhill, Swansea. | Terrance Perdue, 44, also failed to stick to environmental regulations at his industrial yard in Webbons Way, Townhill, Swansea. |
Perdue, from, Swansea, admitted VAT fraud and the environmental offence. | Perdue, from, Swansea, admitted VAT fraud and the environmental offence. |
He was jailed for 18 months and banned from acting as a company director for seven years at Swansea Crown Court. | He was jailed for 18 months and banned from acting as a company director for seven years at Swansea Crown Court. |
Judge Mark Powell told Perdue: "You have caused considerable distress to your family and, indeed, to those people who have relied on you to give them an introduction to the sport that a large number of people derive an immense benefit from." | |
The court heard Perdue represented Wales at the Commonwealth Games in 1994, 2002 and 2006 and was a reserve for Great Britain at the Greece Olympics in 2004. | |
A joint investigation by HMRC and Natural Resources Wales (NRW) was launched into three scrap and waste businesses he ran from Webbons Way. | |
NRW officers inspected the site three times between October 2012 and February 2013. | |
They found he was dealing with "end-of-life" vehicles and electronic waste without the proper permits or without sticking to the relevant environmental exemptions. | |
Judge Powell said Perdue "deliberately chose to flout" the regulations in order to save up to £15,000 worth of licensing costs. | |
'Pocketing VAT' | |
Tax inspectors also discovered Perdue, who now works for Swansea council via an agency, had failed to submit VAT returns after 2009. | |
Analysis showed he had failed to pay £327,000 of the tax on payments received totalling more than £3.3m. | |
Perdue's counsel, Ian Wright, said the father-of-two, who also works as regional development officer for weightlifting through Sport Wales, had shown remorse. | |
Jailing Perdue, Judge Powell said the weightlifter had "brought honour" to himself and Wales in his sporting achievements. | |
However, he added: "You knew what you were doing and I consider, in these circumstances, the sentence I should impose is one of immediate imprisonment." | |
Speaking after the sentencing, Colin Spinks from HMRC said: "He knew full well that by pocketing the VAT his customers had paid to him, he was breaking the law. | |
"He now has to pay the price for his criminal activities." |