Tycroes car dealer faces £5million tax fraud charges
Updated 4:49pm Thursday 10th April 2014 in News
A Tycroes car dealer faces the possibility of life in prison following allegations that he was part of a £5million tax evasion fraud.
Jack Simon Galinsky, of 77 Tycroes Road, stands accused of “cheating Her Majesty and Commissioner’s for Her Majesty” by knowingly being concerned in the fraudulent evasion of tax.
Prosecutors allege that Galinsky failed to declare income tax, VAT, corporation tax and PAYE in relation to his companies Jobspot Limited, Valuebright Limited, Ammanford Limited, Penybanc Limited, E and J Autospares Limited and Swansea Autospares.
The charge, made under Common Law, has no maximum sentence.
Galinsky, best known in Ammanford as boss of Penybanc Car Centre, has also been accused of concealing, disguising or removing criminal property by means of criminal conduct.
The alleged offences are said to have taken place between June 1, 2005, and March 31, 2012.
Galinsky’s wife Mandy, also of 77 Tycroes Road, and Richard John Baylis Safadi, of 24 Trem y Coleg in Carmarthen, also face identical charges.
Philip Andrew Baylis Safadi, of 11 Deveraux Drive in Carmarthen, and Victor Louis Baylis Safadi, of 11 Trem y Coleg, are charged with being knowingly concerned in the fraudulent evasion of tax in relation to City Moves UK Limited and CM Wales Limited between May 1, 2007, and October 31, 2011.
Meanwhile, Miss Wales beauty queen and company employee Kelly Rowland, of 7 Llanedi Road in Pontarddulais, faces an allegation of false accounting in that she is accused of falsifying a payslip for the purposes of obtaining a mortgage on September 4, 2009.
Andrew Smith, prosecuting, said: “They are all alleged to have operated a series of companies in the Ammanford area. Various properties and bank accounts are also under investigation.”
The court was told the sums involved were in the region of five million pounds.
No pleas were entered.
The court was told that due to the complexity of the allegations, there was a possibility that the charges would be pursued in three separate trials.
Rhiannon Crimmins, defending, applied to have the names of businesses used by the Galinskys and the Safadis withheld from the public due to “adverse publicity”.
However, District Judge David Parsons, sitting at Llanelli court, said: “One of the tenets of justice in this country is openness and transparency unless there is a good and strong reason.
“I am not persuaded that there is any particularly good reason in this case.”
All six defendants will next appear at Swansea Crown Court on April 25.