Feeds

Eight years for ID fraudster

Job Centre worker helped him steal tax credits

The Power of One eBook: Top reasons to choose HP BladeSystem

An identity thief who fraudulently claimed more than £1.3m in tax credits under false names has been imprisoned for eight-and-a-half years.

Olaide (John) Taiwo, 35, a security guard from Camberwell, South East London, who was earlier found guilty of conspiracy to commit tax credit fraud and acquiring criminal property, was jailed at a sentencing hearing at Inner London Crown Court on Tuesday. He was convicted along with a female accomplice, Olajumoke Ademuyiwa, who faces a sentencing hearing in April, of conspiring to steal the identities of at least 350 people before submitting more than 300 fraudulent tax credit claims.

Ademuyiwa, 42, of Canning Town, London, abused her position as a a Jobcentre Plus employee to obtaining the details of low-income people who might be eligible for tax credit repayments. These payments were directed towards accounts controlled by Taiwo and Ademuyiwa.

The scam ran from June 2004 until July 2008, when the fraud was detected and an investigation launched that ultimately resulted in the August 2010 arrest of Taiwo. HMRC investigators seized "details of numerous bank accounts held in the defendants’ names and aliases, plus documentation which held hundreds of innocent people’s identities". Investigators also seized £70,000 as suspected proceeds of crime pending the conclusion of confiscation proceedings, which remain ongoing.

Richard Young, senior investigating officer for HM Revenue & Customs (HMRC), said: "This pair ... deliberately attacked and abused a system designed to provide financial help to the most vulnerable people in our society. The sentences given will be a warning to anyone considering committing this type of fraud – it will not be tolerated. HMRC will pursue, prosecute and reclaim the financial gain from those found to commit these types of crime." ®

Designing a Defense for Mobile Applications

More from The Register

next story
Mozilla fixes CRITICAL security holes in Firefox, urges v31 upgrade
Misc memory hazards 'could be exploited' - and guess what, one's a Javascript vuln
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Don't look, Snowden: Security biz chases Tails with zero-day flaws alert
Exodus vows not to sell secrets of whistleblower's favorite OS
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
Four fake Google haxbots hit YOUR WEBSITE every day
Goog the perfect ruse to slip into SEO orfice
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.