of Indian origin Arif Patel has been sent to prison in London for 20 years. Arif Patel was convicted last month and the sentence was announced a day earlier. Arif Patel is accused of violating the rules of business. According to information, Arif Patel Britain According to the rules of the biggest fraud ever.
Arif Patel is accused of fraudulently exporting clothing and mobile phones to claim VAT payments and tax evasion of about 97 million British pounds with the help of a criminal gang. According to the allegations, Arif Patel did this whole game in the name of a fake designer company. Whose secret was revealed after a thorough investigation.
Who is Arif Patel?
Arif Patel, 55, is actually a sock trader. He has been manufacturing and exporting socks. It has been told about Arif Patel that he has been fond of luxury lifestyle. He used to follow many laws to show off, but inside he used to do fraud with Britain’s tax system.
According to the allegations, Patel and his gang imported and sold clothes through a shell company. Whose price was at least 50 million British pounds. After a 14-week trial at Chester Crown Court, Patel was found guilty of causing economic damage to the country, selling counterfeit clothing and money laundering.
Screws on Arif’s gang too
In the entire case, along with Arif Patel, co-accused Mohammad Jaffer Ali was also found guilty of cheating and money laundering, who has been sentenced to 11 years of imprisonment. Eamonn O’Neill, assistant director of the Fraud Investigation Service, has said that Arif Patel and Mohammed Jaffer Ali were involved in the biggest ever carousel tax fraud in this country. The UK economy has suffered a huge loss due to this fraud.
How many arrested so far?
This is being told as Britain’s biggest tax scam. So far 26 people have been convicted in this financial crime between 2011 and 2023.
Earlier, in 2014, Hindoja was jailed for 12 years and 10 months after being found guilty of dealing through shell companies, conspiracy to defraud the tax department and money laundering. Yogesh Patel was jailed for five years and seven months for these crimes.
Also read: Why Britain’s condition deteriorated, know the big reasons.