Multi millionaire Nasir Khan of 1102 Atlantic Suites has been jailed for involvement in a £250 million VAT fraud case. Mr. Khan was importing and exporting mobile phones. Khan has been sentenced to nine years in prison and has been disqualified from holding a company directorship for ten years.
Khan owned a small business called ‘The Accessory People PLC’, the business sold mobile phone accessories. ‘The Accessory People began fraudulent wholesale trade in mobile phones in 2002. This boosted the business’ turnover from £13 million in 2002 to £219 million in 2003. Khan owns properties on the Thames, at Putney Wharf, in Spain and in Gibraltar.