Ex-BHS owner Dominic Chappell jailed for six years for tax evasion
Written by Rother Radio News on 05/11/2020
Former BHS owner Dominic Chappell has been jailed for six years for evading £584,000 in taxes.
Chappell, failed to pay the tax on £2.2m in income he received after buying the chain for £1 in 2015 from Sir Philip Green.
Meanwhile he splashed out on a luxury lifestyle which included a £90,000 yacht, a Bentley Continental car, and a Bahamas holiday.
BHS collapsed in 2016 with the loss of 11,000 jobs and leaving a gaping pension deficit.
Chappell, 53, was convicted of evading VAT, corporation tax and income tax after a trial at London’s Southwark crown court.
© Sky News 2020