DRAGON'S DEN-FUNDED DIRECTOR JAILED OVER £273K VAT FRAUD

摘要

A company director from Newport, who once had funding from one of Dragon's Den's investors, has been jailed after submitting 40 fake invoices claiming over £273,000 in VAT over a five-year period. Andrew Smith ran a surfing company and in 2008 won £60,000 in backing from Dragon's Den star Richard Farleigh to develop a business supplying microchips to the surfing industry. The aim of surfboardtracker. com was to enable surfers and extreme sports enthusiasts keep track of expensive equipment.