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A 43-year-old Singh’s activities had drawn the attention of Customs, when he gambled £100 million at casino and sporting venues over a six year period. However, as it turned out, the British high roller was not just playing, but was actually helping to launder dirty money on behalf of a criminal gang specializing in carousel fraud, which is a complex cross-border VAT scam.


During last 6 years Singh lived in grand style. He even gambled £11 million over the space of one weekend. He was also greeted with open arms by casino owners and treated to extended credit and expensive gifts. Not a surprise, considering what kind of client he was. In one month alone in 2005, the fraud netted the gang £1.8 million, which was then gambled on low-risk wagers at casinos and bookmakers. All the while, proceeds from the gambling scam then allowed him to build up his wealth and purchase luxury assets, including a £1 million apartment opposite Lords cricket ground and a 50% stake of Coventry football Stadium.

But, as they say, there is nothing kept secret that will not come to light. As a result, Jatinder Singh was sentenced to 18 months in prison by the Birmingham Crown for money laundering. In addition, £13 million of the gangs assets were frozen, including UK and overseas properties, jewellery, several luxury cars and various bank accounts.