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Clyst St Mary businessman admits £129,000 VAT fiddle

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A businessman has admitted using a Devon based company in a £129,000 VAT fiddle. Stephen Childs, aged 56, pleaded guilty to five offences at a preliminary hearing at Exeter Crown Court. Childs, of Clyst St Mary, near Exeter, admitted furnishing five false documents with intent to deceive between October 2011 and November 2012. The charge states he used the documents from a firm called As2be to support fraudulent VAT returns which resulted in the repayment of a total of £129,306.80. The company, which was registered at his home address, supplied catering products. Mr Joss Ticehurst, defending, asked Judge Francis Gilbert, QC, to adjourn sentence for a probation report.

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