{"id":49385,"date":"2025-09-29T04:01:07","date_gmt":"2025-09-29T04:01:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/49385\/"},"modified":"2025-09-29T04:01:07","modified_gmt":"2025-09-29T04:01:07","slug":"wellington-beneficiary-bradley-john-croft-jailed-after-attempt-at-200000-tax-fraud-using-urgent-high-trust-business-loan-scheme","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/49385\/","title":{"rendered":"Wellington beneficiary Bradley John Croft jailed after attempt at $200,000 tax fraud using urgent \u2018high-trust\u2019 business loan scheme"},"content":{"rendered":"The SBCS loan scheme was administered by Inland Revenue under urgency using a \u201chigh trust\u201d application model to ensure eligible businesses could access funds to support the business in a timely manner. <\/p>\n
He also filed four fraudulent GST returns when he knew he was not entitled to the GST refunds as he was not operating a business or undertaking a taxable activity, Inland Revenue said in a statement.<\/p>\n
Croft also made false amendments to five personal income tax returns and to a Donation Tax Credit (DTC) claim knowing that he was not entitled to the income tax refund or the DTC as he was not self-employed.<\/p>\n
In 2021, Croft filed a further four fraudulent income tax returns.<\/p>\n
He received $62,600 in total in SBCS loans, and attempted to obtain another $157,939.28 in SBCS loans, DTC and GST and income tax refunds. <\/p>\n
The money he received was used for personal discretionary spending, Inland Revenue said.<\/p>\n
After taking into account Croft\u2019s guilty plea, attempts at reparation, remorse, and time spent on electronically monitored bail, the judge sentenced him to 3 years and 3 months\u2019 imprisonment on all charges.<\/p>\n","protected":false},"excerpt":{"rendered":"The SBCS loan scheme was administered by Inland Revenue under urgency using a \u201chigh trust\u201d application model to…\n","protected":false},"author":2,"featured_media":49386,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[19348,74,1975,4496,1558,42874,2565,138,1873,6625,12474,3561,42875,14641,5126,18060,130,111,43,139,42876,69,42877,3170,7496,15454,131,2742,1529,25444,3382,52,1530],"class_list":["post-49385","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-19348","tag-after","tag-at","tag-attempt","tag-been","tag-beneficiary","tag-bradley","tag-business","tag-charges","tag-croft","tag-dollars","tag-fraud","tag-hightrust","tag-jailed","tag-john","tag-loan","tag-more","tag-new-zealand","tag-news","tag-newzealand","tag-numerous","tag-nz","tag-relating","tag-scheme","tag-tax","tag-tens","tag-than","tag-thousands","tag-three","tag-urgent","tag-using","tag-wellington","tag-years"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/49385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=49385"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/49385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/49386"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=49385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=49385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=49385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}