A businessman has been arrested on suspicion of income tax fraud worth more than £85,000.
The 55-year-old was arrested in Carshalton yesterday and questioned by HM Revenue and Customs (HMRC) investigators on suspicion of offences against the Fraud Act 2006.
Officers searched a property in Carshalton and a business in Brixton in connection with the arrest.
HMRC spokesman Bob Gaiger said: "HMRC takes tax fraud seriously and will not hesitate to investigate those suspected of stealing public funds. Anyone with information about people who may be involved in tax fraud can contact the Tax Evasion Hotline on 0800 788 887."
The man has been released on bail until Thursday, August 8.
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