Mohammed Modhu, a bankrupt, has been sentenced to six months in prison by Luton Crown Court for removing £23,000 from his estate while undergoing bankruptcy proceedings, and failing to account for the same.
The case follows an investigation by The Insolvency Service and a criminal investigation and prosecution by the Department for Business Innovation and Skills (BIS).
Mr Modhu pleaded guilty to removing £23,000 from his account, which was part of the proceeds from the sale of a property to his brother, and for failing to account for the same. He was sentenced to six months’ imprisonment for the removal and three months’ imprisonment for the failure to account, to run concurrently. He was also ordered to pay £1,000 towards the costs of the prosecution.
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