Fraudster's luxury lifestyle rumbled by GMP's Economic Crime Unit

A man from Trafford who funded his luxury lifestyle with fraud, money laundering and drugs has been sentenced to 37 years behind bars.

Aram Sheibani of Delemar Road, Bowden was sentenced at Manchester Crown Square Crown Court after being found guilty of a total of 20 fraud, money laundering and drug offences.

The court heard how Sheibani was involved in high level criminality which has enabled him to build substantial unaccountable wealth which includes a portfolio of properties worth around five million pounds. 

He has spent a number of years purchasing, re mortgaging and selling properties in the UK and Spain which the court believe is an attempt to complicate and frustrate law enforcement and other agencies from fully understanding the basis of this wealth.

Evidence shows that Sheibani obtained properties by fraud, masquerading as a legitimate businessman whilst falsifying his earnings to facilitate further borrowing. Recorded earnings for Sheibani show that his tax records are incomplete with a number of years where he has failed to file a tax return or declare any income, profits or capital gains, resulting in no evidence of any legitimate income to lawfully explain the amount of cash he has acquired.

Sergeant Lucy Pearson, of GMP's Economic Crime Unit, said in a press release:

 "Sheibani is a calculated, deceitful and scheming criminal who believes he is above the law. His greed shows no limits and he has been funding his materialistic lifestyle of luxury with fraud and criminality, masquerading as a legitimate businessman to conceal his ill-gotten gains.

"He is a dishonest individual who has not shown any remorse for his actions throughout this entire investigation, refusing to co-operate with police and attempting to destroy evidence."

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Lucy Pearson added: 

"The extent of Sheibani's criminality should not be underestimated, not only is he involved in tax evasion and money laundering which has a detrimental effect on the economy and society, resulting in honest tax payers feeling that burden, but the source of his tainted income is as a result of a class A drugs conspiracy.

"This has been a complex investigation which has included a number of international enquiries and I would like to thank the dedicated team of GMP detectives and financial investigators who have working alongside CPS to gather all the evidence which has allowed us to expose Sheibani's fraudulent lifestyle and the criminal activity he had tried so hard to conceal, and ensure he faces justice."

The full story can be read here on the Greater Manchester Police website.