Gold bars and watches bought by millionaire Bucks fraudster auctioned off to pay for his crimes
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High value luxury items will be auctioned off as a jailed Buckinghamshire man needs to generate revenue to pay for his criminal activity.
Anthony Bond, 66, of Martinsend Lane, Great Missenden, committed missing trader fraud through his business in Chesham. He used the illegally retained money to live a luxury lifestyle and purchase rare coins, gold bars, and high value watches.
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Bond was jailed in April 2019 after receiving a seven-and-a-half-year sentence. He was also banned from working as a director for 10 years.
HM Revenues and Customs has now revealed that some of his most expensive assets will be sold to recover lost taxes.
An auction of Bond’s goods is linked to a court order that requires Bond to pay back more than £1.8 million or face an extra eight years in jail.
The Government has confirmed that Bond’s Chesham-based company mainly dealt with scrap silver and platinum but he used the business to steal VAT.