Alleged fraudster, who used to work at Scots College, faces a new charge of fraud from another employer after being accused of fraudently obtaining $175,000.
The total tax evaded was $1,759,576.89. Menon, 38, was charged in relation to $536,582.33 of that. The charges related to tax evasion by 18 companies. None of the companies are still operating, so the two men were charged as parties to the offences.
Glenn Taylor/Stuff
Vikas Menon has been sentenced to home detention for his lesser part in the offending. (File pic) Kapoor was the primary operator of the companies and liaised with clients, supervisors, accounts and the IRD. Tax was evaded by various means. Sometimes the men would fail to file PAYE returns. Other times they would file false GST returns. They would deduct PAYE from employees wages but not pass this on to IRD.
Glenn Taylor/Stuff
Vikas Menon pleaded guilty to three representative charges with Kapoor. The total tax evaded was $1,761,674.52. Menon, 38, was charged in relation to $535,642 of that. The charges related to tax evasion by 18 companies. None of the companies are still operating, so the two men were charged as parties to the offences. Kapoor was the primary operator of the companies and liaised with clients, supervisors, accounts and the IRD. He did this despite being bankrupt from December 2010 to December 2013. Crown prosecutor Clayton Walker told the court both men would cash cheques from the companies accounts in order to pay workers. This made it much more difficult to trace the companies activities, and was done against advice from their accountants and IRD.
The owner of the building Lakhi Maa Ltd opposed the council’s application. Despite repeated notices requiring earthquake strengthening since 2006, the only work done was to strengthen unreinforced masonry in the facade, the district court said. Lakhi Maa Ltd acquired the building in late 2015. It had wanted to redevelop the site as a hotel, but after the council’s strengthening application was filed the company asked for resource consent to demolish the building. In a decision in December the District Court judge, Chris Tuohy, said the fundamental issue against the council was whether it should be given permission to strengthen the building without specific plans for the work.