Monday, February 21, 2011

Muslim teacher who amassed £1.7m property portfolio using fraudulent mortgage claims while receiving benefits is jailed

Guilty: Syed Shah was jailed for five years and eight monthsUK - A religious teacher who managed to amass a portfolio of ten properties using £1.7million of fraudulently-obtained mortgages has been jailed. Syed Shah, 45, paid just £24.60 in income tax over a five year period and also claimed benefits despite developing his impressive array of properties, costing the lenders he duped around

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