The true scale of the gang's profits, augmented by mortgage fraud, credit card fraud, and investments of the stolen cash, is unknown. Company B adds VAT at 20% and sells goods to company C (in UK). The files show that at least four rank-and-file HMRC intelligence officers implored their bosses to launch prosecutions. HMRC intelligence officers also identified the gang's links to Shehzad Tanweer, a terrorist involved in the 7/7 London bombings in 2005 which killed 52 people, at least two years before the attack. Many suspects identified by the 1990s investigation were prosecuted, with second-tier members of the gang charged with carousel fraud and money laundering.

Source: Daily Mail March 31, 2019 11:17 UTC