Keir Starmer Prime Minister is accused of presiding over a left-wing British government that abuses the Proceeds of Crime Act 2002 introduced by a previous Labour government led by Tony Blair in the noughties targeted at UK criminal assets.
HMRC under Starmer is allowed to target non-criminal assets in a desperate attempt to use funds recovered to bolster the public purse following his chancellor Rachel Reeves’ assault on British business following her first budget.
It appears that under a Labour government the POCA 2002 has been surreptitiously expanded to target assets of law-abiding citizens following a grubby arrangement between HMRC and British banks to monitor British banking customers operating personal and business accounts in an attempt to reduce tax evasion, money laundering and fraud.
All digital banks under the secretive arrangement are allowed to snoop on their personal and business clients and have agreed to report bank accounts holding significant deposits to HMRC.
A case in question is North London entrepreneur Angelique Kinder [not her real name], a Starling bank personal and business customer whose company invented an augmented online artificial intelligence-based search tool.
Miss Kinder’s company successfully attracted a host of investors, raising over £1million pounds of capital to fund further research and development. Miss Kinder pledged all of her share equity as security.
HMRC investigators following disclosures by Starling bank, an online digital bank, and without any corrobating evidence came to a random and unilateral decision that the British entrepreneur’s personal and business bank accounts with Starling bank should be frozen under POCA 2002.
Since February 2024 Miss Kinder’s company, personal bank account and business bank accounts have had all assets frozen by HMRC alleged wilful abuse of POCA 2002 without regard to the personal and business damages Miss Kinder has incurred to date.
In evidence shown to Financial Fraudster News investigations which reveal that HMRC investigators failed to investigate Miss Kinder’s investors, and the derivation of the funds held in the Starling bank personal and business accounts prior to the accounts being frozen.
The HMRC’s investigating officer identified as Lucy Craig simply chose to make an arbitrary decision based on supposition to hypothesize about how Miss Kinder obtained funding for her business.
The HMRC officer in an abusive position and using the most tenuous interpretation of the facts applied successfully to Ipswich Magistrates Court for an Asset Freezing Order on the same terms, despite challenges by Miss Kinder and no supporting evidence provided by HMRC the Court duly granted the Asset Freezing Order.
As a result, Miss Kinder’s business stalled and loan repayments and interest payments mounted, all the time HMRC hid behind the abuse of POCA 2002 and laws which had been revised and watered down to a level that a HMRC officer only had to provide no more evidence than a hunch that funds may be derived from either fraud, money laundering or tax evasion.
For over a year Miss Kinder has pushed HMRC to make good on actions it told the Court it would undertake in order to prove that one of the speculative allegations made that the funds derived from either fraud, money laundering or tax evasion when applying to the Court for an Asset Freezing Order.
HMRC has consistently failed to supply evidence to support the basis of an application for the AFO. On at least two occasions HMRC has applied for the six month AFO extensions amid disputes by Miss Kinder that funds are from legitimate sources.
HMRC investigating officer Lucy Craig was solely behind the alleged abuse of position in obtaining the AFO unilaterally using POCA 2002 based on the most tenuous of reasons which when challenged are found to be wanting, leaving the obtained AFO to have a deleterious effect on Miss Kinder and her business.
Officer Craig at one point in the investigation falsely accused the relative of Miss Kinder, one of the wealthiest men in the United Kingdom, as providing funds due to his investments in some or all of the company's providing investment to Miss Kinder’s company.
It appears that evidence found by Financial Fraudster News investigations partially supports HMRC's claim that funds may have been derived from Miss Kinder's relative.
The unfortunate news for HMRC investigator Craig is that the source of Miss Kinder’s relative’s wealth, in the UK, comes from a UK court settlement ultimately settled by Citibank one of the USA biggest banks from a Civil Court award in which the relative won £11million pounds and was at the relevant time widely reported in one of the UK’s most respected national newspaper, The Sunday Times in 2010 clearly missed by HMRC officer Craig.
Furthermore, HMRC officer Craig has been made fully aware of the evidence of this court award that is available on the internet which the hapless investigator failed to disclose or simply suppressed the evidence from her investigation. Craig’s investigation has been usurped by her attempts to link Miss Kinder to possibly having received funds derived from fraud, money laundering or tax evasion.
The findings by Financial Fraudsters News investigations of the alleged abuse of position by HMRC and investigating officers, eager to exercise the seemingly extraordinary powers available to HMRC officers under various sections of POCA 2002, thought to be directed at criminals but is now directed at non-criminal assets which can be based simply on a hunch at best. When the State is allowed to victimize a class of people, such as entrepreneurs, the wealth creators in any modern democracy, societal concerns must be raised.
Financial Fraudster News have asked HMRC to comment on this article which they have declined.
