Tobago businessman fined for VAT fraud

A TOBAGO businessman has been ordered to repay close to $.2 million he illegally recovered in Value Added Tax (VAT) on supplies to the Tobago House of Assembly (THA)

Raymond Francis, who operates Trinbago General Supplies and Services at 126 Milford Road, Lower Scarborough, pleaded guilty to 89 charges of VAT fraud in the Tobago Magistrates Court.

On Monday, he was fined $1,000 on each charge by Magistrate Brian Dabideen and ordered to repay the BIR.

In 2014, Francis was extradited from Canada by the Fraud Squad to face the tax offences and unrelated fraud charges.