Press "Enter" to skip to content

Indian-Origin Accountant, 73, Jailed For Fraud, Money Laundering In UK


An Indian-origin chartered accountant (CA) has been sentenced to five-and-a-half years of imprisonment by a UK court docket after being convicted for exploiting a weak sufferer out of cash and belongings value 331,858 kilos.

Sukhvinder Singh, 73, was sentenced on 4 counts of fraud and one rely of cash laundering at York Crown Court in north-east England on Thursday. The court docket heard that the sufferer, recognized solely as ‘A’, has studying, social, and bodily disabilities and was focused and duped by Singh.

“Singh put himself forward as a trusted friend and professional financial adviser for an individual with considerable vulnerabilities. His actions, in diverting money and property for his own personal gain, was a huge breach of trust, and failed to support and protect the victim,” stated Andrea Thomas, a Senior Crown Prosecutor for the Crown Prosecution Service (CPS) Serious Economic Organised and International Directorate (SEOCID).

“He may have obtained further assets from the victim but for the work of North Yorkshire police who helped to build a strong and compelling case. The conviction and sentence follow close team working between the CPS and police and results in justice for the victim. The CPS will be seeking to start proceedings on getting back Singh’s ill-gotten gains,” he stated.

An investigation by the North Yorkshire Police pressure found that when A’s mother and father had died, Singh had supplied to type out the monetary affairs. However, the CA as an alternative took 34,000 kilos from the sufferer’s checking account and paid into his personal in September 2016. In the identical month, Singh transferred the possession of A’s dwelling within the city of Harrogate, valued at round 275,000 kilos to one in every of his personal firms. No cash was paid again to A, in return.

Singh created quite a few paperwork on his pc, together with agreements and letters, to facilitate the fraud. Some of the paperwork claimed to be from A and people with duty for A’s affairs, agreeing to switch them to Singh, the CPS revealed.

At the time of Singh’s arrest, the CPS stated that proof was seized that exposed he was attempting to acquire additional belongings belonging to A, together with an residence in Spain (value over 62,000 kilos) and round 5,000 kilos held in a checking account in Jersey.

The CPS stated it’s dedicated to persevering with to work carefully with legislation enforcement and investigatory authorities to carry such people partaking in fraudulent practices to justice.

Its SEOCID unit is comparatively new, having been launched in April 2022 as a response to the altering nature of crime by bringing collectively specialists in organised and financial crime.

(Except for the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    %d bloggers like this: