Money laundering news 13/11/2009 Solicitor jailed for helping drugs dealer launder money

Carrying out property conveyancing for a drugs dealer to enable him clean up his proceeds of crime, led to a respected Bradford solicitor being jailed for money laundering offences.

A judge at Leeds Crown Court sentenced Shadab Khan, of Solicitors Direct, to four years in jail. He was found guilty of one charge of money laundering and two charges of failing to disclose a suspicion of money laundering. He was found not guilty of a second charge of money laundering.

Khan, who was named professional of the year at the Yorkshire Asian Business Convention in 2003, handled the purchase of several properties, totaling £593,000, for Khalid Malik, who ran a luxury car firm in Bradford but was convicted in 2005 of conspiracy to supply heroin worth £7m and is serving 25 years in jail.

Two other men were convicted of obtaining a money transfer by deception.

As a further consequence of the money laundering offences, Khan, who did not give evidence in his defence at his trial, will now face disciplinary proceedings from the Solicitors Regulation Authority.

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