FINANCIAL FRAUDSTER NEWS INVESTIGATION SPECIAL REPORT
CAYMAN ISLANDS TRUST RIPS INTO HMRC: Global Owners of Angelica Kinder’s Former AI Firm Accuse Lucy Craig and John Wray of Gross Negligence and Abuse of Power
Georgetown, Cayman Islands – September 30, 2025 – In a dramatic escalation of the HMRC corruption scandal, the Cayman Islands-based owners of the technology enterprise formerly founded by UK entrepreneur Angelica Kinder (name withheld for legal purposes), have launched a blistering attack on HMRC Officer Lucy Craig and Solicitor John Wray.
The owners, represented by Thierry Feraud, Trustee for ARC LITIGATION CONSULTING AND RESEARCH SERVICES TRUST (CAYMAN ISLANDS) LLP, accuse the HMRC officials of "gross negligence" and a "malicious abuse of process" that forced the sale and relocation of a once-thriving UK business.
The offshore trust's fierce condemnation comes in a formal witness statement opposing Officer Craig's latest legal maneuver: a desperate Production Order seeking banking material related to a VAT refund that HMRC had already meticulously vetted and approved in 2021.
The Price of HMRC Misconduct: 100+ UK Jobs Lost
The newly engaged Cayman Islands ownership now stands as a direct victim of the HMRC investigation, providing irrefutable evidence of the economic fallout:
Forced Sale and Relocation: The UK-based company, ARC LITIGATION CONSULTING AND RESEARCH SERVICES LTD, was a private company limited by shares which was compelled to sell to the overseas trust due to the catastrophic liquidity crisis caused by the unlawful and protracted freezing of its business funds.
Massive Economic Damage: The Company was a thriving UK entity, reporting Accounts Receivable of £9,778,242 and Total Capital and Reserves of £8,324,449 as of March 31, 2025. The subsequent forced sale and relocation of the principal office to the Cayman Islands resulted in the tragic loss of over 100 high-value UK jobs.
£12M Damages Claim: Angelica Kinder is now pursuing a major claim in the High Court of Justice, King's Bench Division, against HMRC for £12,000,000 in damages, alleging fraudulent misrepresentation, gross negligence, and abuse of position by Officer Craig and Solicitor Wray.
The ‘Smoking Gun’ of Non-Disclosure: Why the Production Order Fails
The Cayman Islands Trust argues that Officer Craig’s new Production Order application, seeking banking material for the Barclays account (No. 50045497) where the VAT refund was deposited, is nothing more than a "fishing exhibition". The reasons are damning:
Pre-Vetted Funds: The source of Ms. Kinder's funds is traceable to a legitimate £993,749 VAT refund paid to Nathan Paralegals and Company LLP (NPC). Critically, this refund underwent a "rigorous and thorough compliance check" by HMRC Officer Veronica Benjamin in October 2021 and was officially "authorised for payment" by a senior HMRC officer.
Contradiction of HMRC's Own Findings: Officer Craig's investigation—and the current Production Order request to "confirm or disprove" the lawfulness of the refund—directly contradicts HMRC’s own prior, exhaustive findings.
Abuse of POCA Process: Ms. Kinder has accused Officer Craig of a "material non-disclosure" to the Magistrates' Court during the initial Account Freezing Order (AFO) application by allegedly wilfully failing to disclose the prior HMRC verification of the VAT refund. The current Production Order is viewed by the new owners as a desperate attempt to create a legitimate foundation for a prosecution long after the fact.
Expired AFO: Furthermore, the original AFOs granted in February 2024 definitively expired on June 5, 2025, after HMRC failed to apply for a required extension by the court-mandated deadline. This renders the continued freezing and pursuit of forfeiture unlawful.
Overseas Trust Steps Up to Contest Unlawful Action Thierry Feraud, the Trustee for the new owners, has now formally lodged an objection, giving Notice to Attend the Production Order hearing.
"The continuation of this application at the taxpayer's expense, in the face of overwhelming evidence of the funds' legitimacy, further underscores the disregard John Wray and Lucy Craig have shown toward the court".
The Trust's action underscores the gravity of the situation for international investment and the reputation of the UK's financial jurisdiction. The opposition asserts that the Production Order application is merely an attempt to "retrospectively justify an investigation that is demonstrably compromised". FFN continues to demand full accountability for the actions of HMRC officers Craig and Wray.
For further inquiries, contact:
Financial Fraudster News Investigations Team
@FraudsterNews or @therealfinancialfraudsternews or @the_real_FFN
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