An insurance fraudster from Bradford, West Yorkshire has been ordered by a court to pay back £253,000 that he profited from his ghost broking activities.
Antique Khan, 36, appeared at his confiscation trial at Bradford Crown Court on April 7 and was told to return his ill-gotten gains or face imprisonment for two years.
According to the City of London Police’s Insurance Fraud Enforcement Department (IFED), Khan posed as an insurance broker between August and December 2011. He convinced more than 50 people to take out fraudulent insurance policies, earning £253,000 from the scam.
Khan’s confiscation order was entered by the IFED and West Yorkshire Police.
“We have worked extremely hard with West Yorkshire Police to ensure that Khan was not allowed to keep his criminal assets,” said IFED financial investigator Simon Styles.
“This money will finally be repaid to Khan’s victims who have patiently waited for justice to be done,” he added.
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