Sunday, August 8, 2010

Man hides 140,000 pounds in aunt's grave

A Briton hid 140,000 pounds in his aunt's grave to dodge tax sleuths, but the cache was uncovered after the tax inspectors were tipped-off.

The man buried the money so as to fool the Inland Revenue. He planned to leave the cash there for 20 years before digging it up. The 20 year period is the time limit for tax investigations, The Sun reported last Monday.

Tax inspectors got a wind off the devious plan and sought permission from a priest to dig up the grave and recovered their 50,000 pounds share from the businessman.

The country's top taxman Dave Hartnett said: "Tax evasion isn't a victimless crime. We all pay extra to compensate for the money cheats steal from the country. But we're getting better at catching cheats. It's not worth the risk."