LONDON: British Indian Chirag Patel, who handled 19 high-value stolen vehicles and set up a rentals company, has been ordered to pay back over £1 million pounds after being convicted and jailed for eight years.
Patel, 40, has to pay back £1,369,661.90 after being subject to a confiscation order under the Proceeds of Crime Act. He was previously jailed at the Croydon Crown Court for eight years, Scotland Yard said on Monday.
The offences for which he has been convicted are conspiracy to handle stolen goods in relation to 19 stolen vehicles and nine additional stolen car keys; and possession of criminal property in relation to more than £530,000 of unexplained cash deposits identified from his three personal bank accounts.
Patel was arrested in February 2015 after discovering five high-value vehicles in the basement car park at his home address.
During a search of Patel’s property, officers recovered 26 sets of car keys, as well as lists of vehicles and registrations, machines for accessing on-board computers in vehicles and programming keys and a number of mobile phones, tablets and laptops.
Patel also received a 10 year default prison sentence which will be imposed if he fails to pay back the money.