Image 1 of 1
Pictured: Mandy Galinsky<br />
Re: Richard Safadi, 47, of Carmarthen, and Mandy Galinsky, 53, of Ammanford, charged customers more than £1.6m in VAT but only gave £40,000 to HMRC.<br />
The pair, directors of Penybanc Car Sales and Ammanford Metal Recycling, spent the money on holidays and cars.<br />
On Wednesday, they were given suspended sentences at Swansea Crown Court.<br />
A HMRC investigation found Safadi had failed to file a single tax return on his personal income, despite becoming a millionaire.<br />
He stole more than £280,000 in tax that should have been passed on to HMRC.<br />
Galinsky claimed she had not earned a penny since 2009, but investigators found she had earned more than £500,000 and kept the £230,000 she should have paid in tax.<br />
They also pocketed £640,000 in Corporation Tax - in total, stealing £2,786,374.<br />
The court heard they enjoyed "lavish lifestyles" with all their personal expenses, including on holidays, credit card bills and loan agreements for their vehicles - paid out of company expenses.
Share
twitterlinkedinfacebook
Pictured: Mandy Galinsky
Re: Richard Safadi, 47, of Carmarthen, and Mandy Galinsky, 53, of Ammanford, charged customers more than £1.6m in VAT but only gave £40,000 to HMRC.
The pair, directors of Penybanc Car Sales and Ammanford Metal Recycling, spent the money on holidays and cars.
On Wednesday, they were given suspended sentences at Swansea Crown Court.
A HMRC investigation found Safadi had failed to file a single tax return on his personal income,...
more »

Copyright 2019 © Website Design by United Studios