Criminology and Psychology

  Nasir Khan had a successful accessories business, a jet-set lifestyle and reputation as a pillar of the community. But all that vanished in December when he was jailed for his part in a £250m VAT fraud. Jasper Jackson discovers how a 10-year investigation by HMRC led to his downfall At the start of 2001, Nasir Khan was the owner and managing director of a moderately successful accessories business called The Accessory People, which had an annual turnover of £13 million. By the end of that year, however, he was knee-deep in a £250 million VAT fraud involving the import and export of mobile phones. Khan’s journey from businessman to criminal finally ended at Southwark Crown Court fi ve days before Christmas last year, when he became the 15th member of a pan European criminal gang to be jailed for the fraud. Khan got nine years behind bars for money laundering in the last of ...