Two Ukrainian nationals have been sentenced to jail in UK after instrumenting a £3.2 million fraud that involved filing fake tax refund claims using stolen identities.
One of the two men, Nikola Novakovic, 34, from North London, was working as a local business manager at a bank, a position which according to prosecutors he abused to further his criminal goals.
Together with two co-nationals, Oleg Rozputnii, 28, an illegal immigrant, and Dmytro Shepel, 26, he created 1,050 fictitious taxpayers on the Income Tax Self Assessment system using personal information stolen via computer malware.
The fraudsters filed fraudulent tax refunds claims and received the funds through a network of fake accounts set up with Novakovic's help.
