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Mastermind of £113m high street bank cyber-fraud jailed in UK

The Pakistani-origin mastermind of a 113 million-pound high street bank cyber-fraud, who made so much money that he flew team of valets from Scotland to Lahore to polish his fleet of luxury cars, has been jailed for 11 years by a UK court.

By: | London | Published: September 21, 2016 9:40 PM
Feezan Hameed Choudhary, 25, mastermind of the biggest cyber-fraud Scotland Yard has ever seen – was jailed for 11 years last week at Southwark crown court, The Sun reported today. (Reuters) Feezan Hameed Choudhary, 25, mastermind of the biggest cyber-fraud Scotland Yard has ever seen – was jailed for 11 years last week at Southwark crown court, The Sun reported today. (Reuters)

The Pakistani-origin mastermind of a 113 million-pound high street bank cyber-fraud, who made so much money that he flew team of valets from Scotland to Lahore to polish his fleet of luxury cars, has been jailed for 11 years by a UK court.

Feezan Hameed Choudhary, 25, mastermind of the biggest cyber-fraud Scotland Yard has ever seen – was jailed for 11 years last week at Southwark crown court, The Sun reported today.

Nicknamed ‘Fizzy’, the Glasgow-based criminal, partied with pop stars while splashing out on Rolex watches, jewellery, trips to Dubai and shopping sprees in Harrods.

He owned several luxury motors including a Bentley and a Lamborghini after the scam raked in more than £3 million a month.

He was so obsessive about his motors he flew staff from Platinum Polish in Glasgow on an 8,000-mile round trip to buff up his fleet of Porsche Cayennes at his luxury villa in Lahore.

He also flew the polishers to Dubai to treat a Ferrari and a Lamborghini.

He fleeced 750 business customers of Lloyds, RBS and other banks after tricking them into revealing their account details by claiming they had been hacked, the report said.

Funds were then moved to other accounts “in the blink of an eye” before being withdrawn in cash by a team mules. In total 66 million pounds was laundered abroad to Dubai and Pakistan.

Pitman Blackstock Solicitors were fleeced out of 2,260,625.89 pounds after getting a call from “Peter” claiming he was calling from the security department Lloyds Bank.

Prosecutor Michael Shorrock described the fraud as “a nationwide conspiracy to defraud companies and businesses by hacking into their bank accounts and stealing large sums of money” between January 2013 and last October.

He said: “Literally within a blink of an eye this money was being moved from one account to another.

“On occasions the breach is accomplished by corrupting bank employees who pass on customers’ information to those committing the fraud.

“The fraudsters were able to interfere with the telephone system of the bank customers so the customer was unable to receive calls while the fraud was taking place.”

Fizzy’s personal take from the racket was between 500,000 pounds and 1.5 million pounds a month – which he lavished on a pop star lifestyle.

He even hung out with Pakistani singing star Bilal Saeed and claimed to have been producing a music video for the star, the court heard.

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