Nasir Khan, 44, fraudster from London, Ordered to Repay £14M


Nasir Khan, 44, resident of London was jailed in 2011 for his part in a £250 million scam. It involved “money which should have paid for “hospitals and schools” being diverted into the pockets of a group of dishonest people.Nasir Khan, former partner of Holby City and Footballers’ Wives star Laila Rouass, used his share of the profits to buy luxury properties in Chelsea, Putney, Gibraltar and Spain.

The son of a bus driver, Nasir Khan made his fortune through a mobile phone accessories firm and was later named the Bank of England’s Young Entrepreneur of the Year.

At the age of 29, he was valued at £45million and featured in The Sunday Times Rich List as the seventh richest in Britain under the age of 30.

But as the accessory market declined, his company began a fraudulent wholesale trade in phones, boosting turnover from £13million in 2002 to £219million in 2003.

Nasir bought a Marbella villa, a £40,000 yacht and cars including a Rolls-Royce, Bentley, Ferrari 599 and Lamborghini Gallardo.

Khan also snapped up a Chelsea Harbour apartment and two waterside apartments at Putney Wharf in London. He spent £100,000 just on parking spaces.

Nasir Khan also bought a yacht and Sports cars including a Ferrari, a Lamborghini and a Bentley as he enjoyed “the lifestyle of an international playboy”.
Nasir Khan was given a £14 million confiscation order by a judge at Southwark crown court, tax officials vowed to recover “as much as possible for the UK taxpayer”. But the Crown Prosecution Service has agreed to let him off the sum on the grounds that he is too poor to repay a single penny.

The deal was agreed at two court hearings, the first at the High Court and the second at Southwark crown court, which were both held in private.

None of the hearing was publicised the public and the media had no notice of the case and were unable to hear the justification for the prosecutors’ decision.

Nasir Khan’s case involved the biggest write-off — and he was also the only offender who had failed to repay a penny.

Nasir Khan was jailed for 9 years for laundering vast sums cheated from the taxpayer.

Nasir Khan, 44, fraudster from London, Ordered to Repay £14M