Perfume boss admits sanctions breach
This is a Russia news story, published by BBC, that relates primarily to David Crisp news.
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Russian sanctionsBBC
•Perfume boss caught on video saying he ignored Russia sanctions
60% Informative
David Crisp admitted he ignored sanctions by selling 1,000 -a-bottle Boadicea the Victorious ’ perfume in Russia .
Mr Crisp was arrested in 2023 by HM Revenue and Customs but the investigation was dropped earlier this year .
This is despite the discovery of evidence that he tried to conceal more than 1.7 m of illegal sales.
Failure to comply with sanctions is a serious offence, according to HMRC.
HMRC has fined five companies for breaches of the Russia sanctions regulations in the last two years , including a 1 m fine issued in August 2023 .
But the BBC understands there haven’t been any criminal prosecutions for violating trade sanctions on Russia since February 2022 .
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