Two men who made a fraudulent VAT repayment claim for almost £100k in a fake property deal, have been jailed for a total of 44 months at Blackfriars Crown Court in London.

James Abbass Biniaz, 30, from London and Mohammed Akhtar, 41, from Glasgow pleaded guilty in February 2010 to the charges of making a false VAT repayment claim, which related to the purchase of a building alleged to be the new company headquarters.

Additional information:

1. Mohammed Akhtar, (dob 09/01/1969) of Argyle Street, Glasgow pleaded to two charges in respect of conspiracy to cheat and money laundering at a pre-trial hearing on 18/02/10 was sentenced today to 22 months.

2. James Abbass Biniaz, (dob 16/12/1979) of Lillie Road, Fulham, London pleaded guilty to the charge of conspiracy to cheat at a pre-trial hearing on 15/02/10 and was sentenced today to 22 months.

3. £20,000 in cash seized from Akhtar and Biniaz in August 2008 under the Proceeds of Crime Act, has been forfeit to the Crown following a hearing at Carlisle Magistrates’ Court on 1 April 2010.