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Daily Record
Daily Record
World
James Campbell & Ruth Suter

Brothers face jail for construction firm £7m tax fraud used to buy boats, cars and holiday homes

A construction company boss is facing a lengthy prison sentence after committing a tax fraud that ran to more than £7m.

Mark Stead, who was the director of Pink Innovations and Pink Services Ltd, a construction installation firm, lived an illegitimate life of luxury. The 49-year-old spent his ill-gotten gains on boats, caravans, holiday homes and putting his children through a private education.

But devious Stead also dragged four other people into his elaborate scheme – including his wife and brother, reports Hull Live. His brother David Stead, 61, was also told he faces prison.

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