London mansion of Indian-origin millionaire fraudster sold

One of Britain’s wealthiest Indian-origin businessmen convicted in a multi-million-pound fraud case has been forced to sell his plush London mansion after being slapped with a confiscation order of 20 million pounds imposed by a UK court.

Virendra Rastogi, convicted and sentenced in 2008 after an investigation by UK’s Serious Fraud Office (SFO) for his role in financial trading fraud, paid 5.4 mn pounds towards confiscation order after <g data-gr-id="8">swlling</g> his Mayfair home. Mark Thompson, head of the SFO’s Proceeds of Crime Division, said, “The sales and subsequent payments to satisfy the court orders demonstrates the SFO’s commitment to pursuing the recovery of fraudsters’ ill-gotten gains.