Inside drug dealer's 'extremely lavish lifestyle' funded by laundered cash
08.04.2022 - 21:23
/ dailyrecord.co.uk
A heroin dealer who lived "an extremely lavish lifestyle" using £300,000 of his laundered drug money has been handed another prison sentence.
Mahmood Hussain, 45, was caged for 13 years in 2019 for supplying over £6million of the class A drug, writes The Manchester Evening News.
Specialist officers then immediately began investigating the dealer's financial affairs.
The experts spent several months poring over his accounts without making any real headway.
They discovered that Hussain owned no houses and only made a tiny profit from his three car firms. He also had close to no money in his personal bank accounts.
Yet at his home address, officers discovered a large variety of designer clothes, handbags, shoes and jewellery worth thousands of pounds.
It was also unveiled that he had funded deposits, home improvements and mortgage payments on two houses that were in the names of family members.
These included a hot tub, walk-in wardrobe filled with designer gear and an illuminated stairway. A Volkswagen and a high-end Audi RS4, used by Hussain, were also registered in other names.
In all he laundered a total of £336,000 - all believed to have been gained through his drug dealing - Manchester's Minshull Street Crown Court heard.
Hussain, of Rochdale, was yesterday sentenced to two years in prison after admitting three counts of money laundering.
The sentence will run concurrently with his current jail term. Speaking after the case the woman who oversaw the investigation said his crimes were an insult to those living honest lives and struggling to make ends meet during the current cost of living crisis.
Detective Constable Louise Henry, from GMP’s Economic and Cyber Crime Section, said: “Hussain lived an extremely lavish life and