# UK fraudster who fled to Dubai ordered to hand over £90m property empire and Ferrari

- URL: https://talkfuse.com/story/uk-fraudster-who-fled-to-dubai-ordered-to-hand-over-90m-property-empire-and-ferrari/
- Published: 2026-11-07T11:45:00+00:00
- Updated: 2026-11-07T12:22:31+00:00
- Original publisher: Daily Express (publisher lean: Right)
- Original article: https://www.express.co.uk/news/uk/2264078/uk-fraudster-who-fled-dubai
- Topics: UK, World

## Key points

- Patel lost his appeal against a £90.5 million confiscation order.
- His property empire and Ferrari are to be sold.
- Sale proceeds will go back to taxpayers.

## Summary

The Court of Appeal has rejected Arif Patel’s challenge to an order requiring him to repay £90.5 million and surrender his Ferrari. Patel, who fled the UK for Dubai in 2011, was convicted in his absence for leading a major VAT and counterfeit-goods fraud; the ruling means work can now begin to sell his property empire, with proceeds returned to taxpayers.

The court upheld the increase from £52.7 million, the estimated criminal proceeds between 2003 and 2008, to £90.5 million to account for inflation. The original figure included £33.4 million stolen through VAT fraud and more than £19 million from counterfeit designer goods. Judges rejected Patel’s arguments that the sum was unfair and that he lacked assets, noting he had lived comfortably in the UAE for 15 years and had not co-operated with efforts to identify his Dubai assets.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.