UK Cyber Fraudster Must Pay £2M Or Face More Jail Time

Law360, London (May 10, 2019, 6:42 PM BST) -- The mastermind behind one of Britain's biggest cyberscams must pay £2 million ($2.6 million) to compensate his victims within three months or face a further eight years in jail, according to a confiscation order delivered under the Proceeds of Crime Act.

Feezan Hameed Choudhary, 28, was jailed for 11 years in 2016 for leading a "vishing" scam that conned 750 customers of Royal Bank of Scotland PLC and Lloyds Banking Group PLC out of £113 million.

In a decision handed down at Southwark Crown Court following a confiscation hearing earlier this month, Judge Peter Testar found Choudhary raked in £6.5 million...

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