Conveyancer jailed for £352k stamp duty fraud


A conveyancer has been jailed for over three years after he lied to manipulate the amount owed by clients in stamp duty land tax.

Anthony Maragh, from Harrow, withheld almost £352,500 from HM Revenue & Customs by lying on paperwork to undervalue his clients’ properties.

Maragh charged clients the full amount and kept the difference.

Between 2008 and 2013 he underdeclared stamp duty on 43 property transactions. Money was transferred into his personal bank account and used on antique Chinese gold bonds.

Confiscation proceedings are underway.

HMRC fraud investigation service assistant director Martin Brown says: “As a conveyancer, Maragh knew only too well that he was breaking the law and what the consequences of his actions would be. He abused the trust of his clients, stealing money that had been paid by them in good faith to meet their tax liabilities, to line his own pockets.”