'Lavish lifestyle' of fake designer clothing scam mastermind behind £150m fraud

Österreich Nachrichten Nachrichten

'Lavish lifestyle' of fake designer clothing scam mastermind behind £150m fraud
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 LiveLancs
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 87%

'While presenting himself as a genuine and reputable businessman Arif Patel in fact used stolen taxpayers’ cash to line his own pockets and fund a lavish lifestyle'

The mastermind of a fake designer clothing scam has been convicted of one of the UK’s largest ever carousel tax frauds.

Arif Patel’s Preston-based company, Faisaltex Ltd, was the heart of his criminal empire. From here, he ran the counterfeit clothing import operation and false export business. Arif Patel frequently travelled to Dubai to meet Mohamed Jaffar Ali and also made trips to China and Turkey to set up deals with manufacturers of counterfeit clothing. The profits were laundered by Mohamed Jaffar Ali through freezone companies and bank accounts held in the UAE.

He was tried in his absence at Chester Crown Court where he was found guilty of all charges yesterday. He will be sentenced next month. Mohamed Jaffar Ali was also found guilty of conspiracy to cheat the public revenue and money laundering.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

LiveLancs /  🏆 10. in UK

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Radford family share glimpse of lavish Disney holiday amid row with daughterRadford family share glimpse of lavish Disney holiday amid row with daughterBritain's biggest family are making the most of their time at Disney World, as parents Noel and Sue ignore their daughter Millie's accusations about profiting from their grandchildren
Weiterlesen »

Killer who 'died in prison fire' found living lavish lifestyle with celebrity doctor girlfriendKiller who 'died in prison fire' found living lavish lifestyle with celebrity doctor girlfriendMurderer Thabo Bester died in a fire in his South Africa prison cell last May, reports claimed - but then DNA samples showed the body burned beyond recognition wasn't his
Weiterlesen »

Stacey Solomon says she felt awkward sharing snaps from lavish Abu Dhabi holidayStacey Solomon says she felt awkward sharing snaps from lavish Abu Dhabi holidayStacey Solomon admits she felt 'worried' about sharing photos from her lavish family holiday due to the cost of living crisis.
Weiterlesen »

Halle Berry has jaws dropping as she's pictured totally naked drinking wineHalle Berry has jaws dropping as she's pictured totally naked drinking wineActress Halle Berry has sent fans into a frenzy after she took to Instagram to share some photos of herself totally nude while drinking wine on her lavish balcony
Weiterlesen »



Render Time: 2025-04-04 19:16:13