A man from Alderley Edge has been arrested on suspicion of VAT fraud.
The 46-year-old man was arrested yesterday morning, Wednesday 26th September, after his home in Alderley Edge was searched by HM Revenue & Customs (HMRC) officers investigating a suspected £250,000 VAT fraud.
In total eight men have been arrested across the Manchester area in connection with this investigation. The other men were arrested in Altrincham, Chorlton and Urmston as seven domestic premises were searched along with two businesses in Manchester.
Mike O'Grady, Assistant Director of Criminal investigation for HMRC, said: "These arrests follow a year-long investigation by HMRC officers into suspected VAT repayment fraud in the clothing trade in the Greater Manchester area.
"The protection of taxpayer's money is our key priority. We will pursue those trying to steal from public finances to line their own pockets so they can be brought to account."
All eight men have been bailed pending further enquiries.
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