A man who used laundered money to buy thousands of pounds worth of luxury goods is due to be sentenced today.
Mohammed Azwar Majeed, 33, of Princes House, North Street, Brighton, used the money to buy high-value cars such as a Lamborghini, a Ferrari Enzo and a Bentley.
He also bought hi-tech Bang and Olufsen stereo equipment and a number of luxurious properties in East Sussex.
London's Southwark Crown Court had previously heard that Majeed laundered money using his business and personal accounts to avoid paying tax over a five year period.
In January this year Majeed pleaded guilty to cheating the revenue, contrary to common law, failure to keep sufficient accounting records and concealing criminal property, contrary to the Proceeds of Crime Act.
Officers from the Met police's Money Laundering Team searched a safe deposit box in October 2006 belonging to Majeed in Knightsbridge, London.
They seized cash that was concealed in two holdalls which totalled around £500,000.
He is due to be sentenced at Southwark Crown Court later today.
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