Go up in smoke! Fraud, 39, who tried to claim $ 1.5 MILLION in tax refund for his fake cigar company is jailed
- Adam Hamshere, 39, fraudulently attempted to claim tax refunds of nearly $ 1.5 million
- Hamshere used his accounting knowledge to set up a fake cigar company
- He was caught and is imprisoned for two years and four months
A South Australian man was imprisoned after fraudulently demanding a $ 1.5 million tax refund.
The Australian tax office said 39-year-old Adam Hamshere used his accounting knowledge to set up a fake company claiming to sell cigars.
In March 2016, he submitted five statements on the business activity claiming to be entitled to a refund of GST and Wine Equalization Tax of $ 1,444,069.
A South Australian man was imprisoned after fraudulently demanding a $ 1.5 million tax refund
After an ATO investigation and audit, Hamshere was accused of multiple counts for unfairly claiming a financial benefit.
On Wednesday, he was imprisoned for two years and four months in the SA district court.
The ATO described Hamshere & # 39; s insult as brutal after calling his offices more than twelve times to request his reimbursement.
It also stated that he claimed that the paper and electronic data of his business activities had been stolen.
Acting ATO Assistant Commissioner David Mendoza said the strong sentence was an appropriate result for such a brave attempt to cheat the tax system.
& # 39; Those people who try to avoid or cheat the tax and super system are caught and we will take vigorous action. We will not tolerate this kind of behavior & # 39 ;, he said.
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