The mastermind behind the fraud, ringleader Anthony Bond, 65, from Great Missenden, and his bookkeeper Stephen Goble, 66, from Tring, were jailed for a total of more than 12 years in April 2019.
The final gang member, Taylor Sullivan, 31, from Bushey, was sentenced yesterday for cheating the public revenue by posing as a fake scrap metal dealer.
Bond used his network of companies The Bond Group, based in Chesham, to steal VAT through a ‘missing trader’ fraud. He and Goble claimed to have paid millions of pounds in VAT to suppliers over a six-year period.
The duo deliberately used missing traders - companies they knew would disappear and default on VAT payments - in a bid to benefit themselves by lowering their own tax liabilities by £17 million. This is money they kept instead of paying to HMRC.
Bond used proceeds from the fraud to fund a lavish lifestyle that included a five-bedroom house, a Spanish holiday home, a fleet of high-value cars including a Bentley, Aston Martin and Range Rover, and more than half a million pounds worth of jewellery.