Ordered to pay back £20,000
Fraudster faces more time in prison
A MORTAGE fraudster who enjoyed a cash-rich lifestyle involving flash cars and gambling has been told to pay back more than £20,000 or face another 12 months in jail.
The confiscation order was made against Jaspal Singh Juttla, (pictured) at a hearing at Isleworth Crown Court on Tuesday, January 13.
The 55-year-old from Mallard Way, Northwood had been sentenced to five years in prison at the same court in June last year for 26 fraud offences between January 2006 and December 2013.
He had claimed to be a mortgage broker who promised big investment returns to his victims if they invested in his property scheme. In total he made more than £683,000. Following his conviction police officers looked at confiscating any assets Juttla gained through his criminal activity. At last week’s confiscation hearing he was told to pay £20,000 within 12 months or spend the extra time behind bars. The court also ruled the £650,000 outstanding debt to his victims should remain with any future assets he attains subject to seizure.
Juttla’s victims were predominantly Indian who spoke little English. He would meet them at various London locations and present official documentation to disguise his elaborate scam.
But once he had their money, Juttla would cease contact with his victims or fob them off.
He came to police attention in June 2013 following a referral from Action Fraud, which had been approached by six of his victims, and was arrested in February 2014 before being imprisoned.
By then, he had lost much of his ill-gotten gains through a gambling habit.
DC Anita Sharma, part of the police team to secured the confiscation order, said: “Juttla has not only lost the money he made illegally, but also his honour and his dignity within his community.”