£76m fraudster back at subprime firm here

One of Britain’s biggest tax fraudsters is out of jail and back working for a subprime mortgage company he established here 16 years ago.

Ian Andrews, aged 59, was convicted in 2005 of a complex corporate fraud[/url] that cost UK tax authorities £76m. He was sentenced to 12-and-a-half years in prison but this was reduced on appeal.

Before conviction his name was Ian Andrew Leaf and he became wealthy through a variety of businesses. He had enjoyed a lavish lifestyle in Switzerland and was orchestrating his tax scam using fictitious documents from a bank registered in the Pacific island of Nauru.