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BNPS.co.uk (01202 558833)
Pic: HMR&C/BNPS<br />
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Briony James.<br />
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Three bogus property developers have been jailed for a house building scam that saw them rake in almost £1m in VAT repayments without laying a single brick.<br />
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Jamie Colwell, his father Brian Colwell and Briony James claimed to HMRC they had spent £14m building new properties in order to recoup VAT they were entitled to.<br />
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But the new homes were never built and government officials took the trio's word for it without making checks on the buildings.<br />
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Over six years HMRC paid them £965,421 which they spent on their luxury lifestyles that included a rented property on exclusive Sandbanks, high-performance cars such as a Porsche and Mercedes, designer clothes and a speedboat.<br />
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James, an equestrian and former dressage competitor, spent a large portion of her ill-gotten gains on stabling, saddles and vet bills for her four horses.