Zobair Rehman, a bankrupt, has been sentenced to six months imprisonment, suspended for two years at Bristol Crown Court on 20 September 2013, for transferring money out of the country instead of paying his creditors.

Mr Rehmans conviction follows an initial investigation by the Insolvency Service and a full criminal investigation and prosecution by the Department for Business, Innovation and Skills (BIS).

Mr Rehman (43) was also ordered to carry out 100 hours of unpaid work and have an electronically tagged curfew between 10 p.m. and 6 a.m. every day for two months.

The investigation showed that on two occasions - in June and November 2008 - Mr Rehman transferred 120,027. and 37,027 to Pakistan, despite owing substantial sums of money to creditors.

Mr Rehman claimed the money was transferred in order to invest in a pyramid scheme, but he failed to provide any details of the scheme.
The investigation found that the sole aim of the transfer was to avoid his liabilities and that the offence was clearly motivated by greed.
In court, Mr Rehman did not offer any convincing evidence in mitigation.

Following this trial, confiscation proceedings were started by BIS against the defendant.

Commenting on Mr Rehmans sentencing, Deputy Chief Investigating Officer, Liam Mannall, from BIS, said:
Mr Rehman had substantial cash with which he could have paid down his debts, instead, he chose to transfer the cash overseas in a deliberate act to avoid paying creditors.
Such deliberate acts are serious criminal misconduct and Mr Rehman now has a criminal record for dishonesty and the threat of a prison sentence.
BIS will investigate and prosecute those who flout the law in such a manner.