Bootleggers jailed for £120million VAT fraud

A gang of booze smugglers who made more than £120 million from a VAT fraud have been jailed for a total of more than 46 years. Jayesh Shah, 52, Riaz Khan, 49, Fiaz Raja, 51, Muhammed Rasool, 38, headed up the Berkshire based operation which laundered money made from illegal importations. The group created a complex chain of paperwork detailing fictitious transactions, which were used as a cover for the sale of the smuggled alcohol. The fraud used a ‘Missing…