Has the music stopped for carousel fraudsters?

Rachel Clark (www.33knowledge.com/rachel-clark) is a barrister at 33 Chancery Lane, specialising in financial wrongdoing matters, particularly those involving a tax element. This article was drafted during her time as an employed barrister at Bright Line Law.

Long after its heyday, carousel fraud continues to hit the headlines, writes Rachel Clark, barrister at 33 Chancery Lane. The recent case of R v Umerji [2021] EWCA Crim 598 shows that the after-effects can linger long after the wrongdoing first took place.