Court orders seizure of counterfeit underwear seller’s £90m assets
Ferrari and property owned by Arif Patel, tax fraudster who has been on the run since 2011, will be sold at auctionA self-styled clothing tycoon who sold counterfeit socks and pants while operating an extensive fraud ring will have all his UK assets seized after the Crown Prosecution Service won a...
<p>Ferrari and property owned by Arif Patel, tax fraudster who has been on the run since 2011, will be sold at auction</p><p>A self-styled clothing tycoon who sold counterfeit socks and pants while operating an extensive fraud ring will have all his UK assets seized after the Crown Prosecution Service won a court order to confiscate up to £90m worth of property and luxury cars.</p><p>Arif Patel, 57, from Preston, Lancashire, who has been on the run since 2011, will have homes and business premises he owned taken from him after a confiscation order granted by a judge at Chester crown court on Thursday.</p> <a href="https://www.theguardian.com/uk-news/2025/aug/29/counterfeit-underwear-seller-90m-assets-seized-arif-patel">Continue reading...</a>
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