Dubai: King of Little Britain Jailed for Fraud……………
“A British property tycoon hailed as one of Dubai's most successful entrepreneurs after buying a £43m island in the shape of Great Britain has been jailed for seven years for bouncing cheques and withholding payments. Safi Qurashi, from Balham, south London, was convicted last month in the United Arab Emirates of signing cheques worth more than £50m without sufficient funds and cancelling another cheque as he moved to complete three property deals. His imprisonment comes two years after he bought the 11-acre island that is part of the World, a man-made archipelago of 300 reclaimed sandbanks in the Gulf, fashioned into the shape of the globe's landmasses………”
I didn’t know that the UAE is still selling islands in the Persian Gulf to foreigners.
Cheers
mhg
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