A Sussex businessman has been fined £15,000 for withholding information legally required in an investigation by The Pensions Regulator (TPR).

The TPR had requested information from Lee Bartholomew, former company director of 1066 Target Sports Ltd in St Leonards, on June 10, 2020, as part of an investigation into allegations of fraudulent evasion relating to employee pension contributions.

Lewes Crown Court heard that Bartholomew intentionally failed to provide the information required by TPR by the deadline of July 8, 2020, suppressing the material sought without reasonable excuse.

Bartholomew, of Lockside, Tonbridge, Kent, was fined £7,500 and ordered to pay costs of £7,500.

At a previous hearing on April 26, the 45-year-old pleaded guilty to intentionally and without reasonable excuse suppressing documents he was required to produce.

Following his guilty plea to the charge, TPR is no longer prosecuting Mr Bartholomew for fraudulent evasion of his duty to pay money deducted from the salaries of his employees as pension contributions into a workplace pension scheme within a prescribed period.

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In his ruling, Judge Stephen Mooney told the defendant: “You took the decision to suppress, i.e. deliberately not provide, documentation you should have done because you knew to do so would alert the regulator that you weren’t paying money where you should have done.” The judge added that as this had not been done, he could not know where the money went at that time.

He continued: “This caused a degree of distress to the people affected, as the money they thought was going into their pensions didn’t. It caused them real concern.”

Judge Mooney said Bartholomew's decision not to provide the information required a sentence that serves as a punishment and also as a deterrent to others from doing the same thing, thereby emphasising the importance of regulatory compliance.

Joe Turner, head of automatic enrolment compliance and enforcement at The Pensions Regulator, said: “This case sends a clear warning that we do not hesitate to prosecute companies or individuals if they refuse to give us the right information when requested and/or try to frustrate our aim to protect pension savers.

“We attempted to use our civil powers to put things right in this case, but this was ignored. Anyone refusing to comply with our requests for information without good reason should take note that they could find themselves in court and with a criminal conviction.”