Film producer tried to rake in £2.4m from F1 documentary ruse

manchester

  A millionaire film producer who exploited tax laws to pocket vast sums of investor cash tried to net another £2.4m in a rebate scam involving F1 racing documentaries. Terence Potter, 57, set up film companies and recruiting wealthy investors by promising they could secure tax relief against any losses incurred. Potter, a former tax partner at Ernst & Young LLP, enlisted certified financial planner Neil Williams-Denton to help him set up the swindle and get additional investors on board….

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