Morning:
12°c
Former football manager faces jail for £1m tax fraud
26.01.09
A former football club boss was facing jail today for defrauding the taxman out of up to £1 million.
Azwar Majeed, 33, one-time owner of Crawley FC, used personal and company accounts to launder the cash and splash out on a Lamborghini, a Ferrari Enzo and a Bentley.
He also bought a number of luxurious East Sussex properties and an array of hi-tech Bang & Olufsen entertainment equipment.
London's Southwark Crown Court heard that, when officers raided a Knightsbridge safe deposit box, they found two holdalls stuffed with £500,000.
A further £12,000 was recovered from a safe at his then home in North Street, Brighton.
Today Majeed, now of Dyke Road, Brighton, admitted one count of cheating the public revenue, one of failing to keep "sufficient" accounting records and one of concealing criminal property.
All the offences were committed between 1 April 2003 and 31 January last year.
