SFO - Serious Fraud Office

Operation Affair

Case update as at 26 March 2013

On Tuesday 26 March 2013 at Ipswich Crown Court, HHJ Holt granted a Confiscation Order against Rahul Natwar Patel in the sum of £2,191,086.28 to be paid within six months or to serve a six year default sentence.  Any sum recovered in satisfaction of this order will be paid to the victims of the fraud for which Mr Patel was convicted.

Case update as at 17 August 2012

On 15 August 2012 at Chelmsford Crown Court, James Baird was ordered to pay a confiscation ordered  of £1,365,168, payable within six months or face a prison sentence of five years and six months in default of payment.

For further information, sentencing press release of 22 November 2011.

Case update as at 5 December 2011

On 22 October 2010 the defendant, James Baird, was sentenced to 18 months imprisonment for contempt of court when he wilfully breached the terms of a Restraint Order made on 14 June 2010 preventing him from dealing with his assets. He was sentenced at the Central Criminal Court for five breaches which he admitted -such wilful breaches included dealing with his assets and refusing to tell the Serious Fraud Office where his assets were as ordered by the terms of the Restraint Order. The defendant appealed against his sentence of eighteen months on the basis that it was too long a sentence. The Court of Appeal dismissed his appeal on 6 September 2010 saying that the sentencing judge "... cannot be faulted, either in his decision to proceed or in the length of the term which he imposed. It was not disproportionate. It was not manifestly excessive."