Ex-police officer admits £300m VAT fraud

Telegraph EX-POLICE OFFICER ADMITS £300M VAT FRAUD A former police officer has admitted a £300m VAT fraud believed to be the biggest in UK history. Nigel Cranswick, 47, was a director of Ideas 2 Go (I2G), which he ran from a small office in a Sheffield business park, and claimed to have bought and sold at least £2 billion of goods in just eight months. He has since admitted the firm's trading, largely in mobile phones and computer software, was fictitious, and the aim was to generate paperwork from fake sales in order to claim back a fortune in VAT from HM Revenue & Customs (HMRC). Th...