Alleged VAT refund fraudsters appear in court

05 February 2016 - 13:45 By TMG Digital

“They allegedly submitted 105 VAT returns of at least 19 entities with false statements to claim refunds.”And on Friday‚ the two men arrested for allegedly defrauding the South African Revenue Service (Sars) of almost R8-million will appear at the Johannesburg Magistrate Court.Spokesperson Sandile Memela said Sars enforcement officials accompanied South African Police Service members to raid premises in Johannesburg on Wednesday and “confiscated 15 computers and passports”.“The men were busted following intensive investigations that indicated the accused with 15 other individuals and entities committed fraud by misrepresentation‚” said Memela.“The two have allegedly defrauded Sars of actual prejudice R5878734 and a potential amount of R2092238 of this VAT fraud. The total amount is R7970975.”..

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