Celebrities, bankers and football stars have been caught up in an alleged £125m tax fraud after putting their money into failed film investment plans.
West Ham United manager Sam Allardyce, Princess Diana's former butler Paul Burrell and pop singers Mike Skinner of The Streets and Damon Gough (known as Badly Drawn Boy) were all investors in the schemes, according to the Mail on Sunday. City figures, including Caspar Shand Kydd, nephew of Princess Diana's stepfather, Peter Shand Kydd, also put in cash. Five people said to be behind the alleged frauds were last month charged by the Crown Prosecution Service. Keith Hayley, Robert Bevan, Charles Savill, Cyril Megret and Norman Leighton will appear before Birmingham magistrates next m...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes