
‘Goldfinger' migrant hotel baron to face trial over claims he defrauded water firm out of £150k
ASYLUM HOTELIER 'FRAUD' 'Goldfinger' migrant hotel baron to face trial over claims he defrauded water firm out of £150k
Click to share on X/Twitter (Opens in new window)
Click to share on Facebook (Opens in new window)
A MIGRANT hotel baron nicknamed 'Goldfinger' will face trial over claims he defrauded a water firm out of £150,000 – all while raking in taxpayers' cash.
Sheikh Abid Gulzar owns a number of flash hotels and two piers on the Sussex coast where he is famed for driving a gold Tesla.
The 80-year-old is charged with ten counts of fraud – with the total cost valued at around £150,000.
Some of the counts relate to alleged wrongdoings at the Boship Lions Hotel in Hailsham, Sussex, where millionaire Gulzar is said to have avoided paying Castle Water for their services.
The luxury retreat was used as an asylum hotel between 2022 and 2023, though the contract was terminated shortly after a resident took his own life.
When he took on the contract, the self-styled Sheikh claimed dwindling business in the hotel trade left him with no choice.
He also disclosed he was being paid £15,000-a-week for his 45 rooms with two beds each.
The 'stunningly beautiful' Boships is an an original 1690s countryside house which boasts a swimming pool, sauna, steam room, gym and in-house cocktail bar.
Mr Gulzar said at the time: 'The hotel trade is really suffering at the moment and what else are we supposed to do? No one is coming to stay in hotels anymore.
'The Boships was closed for two years during Covid and now we have a recession. No one has any money to spend'.
Gulzar denied the offences when he appeared at Brighton magistrates' court at the start of July.
He wore a sparkling black waistcoat and walked with a stick as he entered and exited court alongside 34-year-old co-defendant Manasdeep Singh.
How a Blackpool Couple's Holiday Snaps Unraveled a £50k Benefits Fraud
A three-week trial was fixed for next September at a brief hearing at Lewes crown court last week.
He was charged in a private prosecution by Castle Water.
Mr Gulzar bought Eastbourne Pier in 2015 before snapping up Hastings Pier in 2018.
He got his Bond-style nickname – 'Goldfinger' – after buying a gold Rolls-Royce and three gold Tesla cars.
Both men appeared at Hove Trial Centre on Tuesday where a three-week trial was fixed for September next year.
The Home Office said it could not comment on an ongoing criminal case.
Mr Gulzar was approached for comment.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily Mail
an hour ago
- Daily Mail
Shrieks of famous illegal migrant who stirred anti-ICE protests as cops finally find her and arrest her
A Colombian migrant influencer, who documented immigration raids on social media, has been arrested by ICE while livestreaming. Leidy Tatiana Mafla-Martinez was filming inside her Tesla when she was detained by Immigration and Customs Enforcement officers in Los Angeles on Friday. She shrieked 'no, no, no' repeatedly and cried 'wait, wait,' in Spanish as agents ordered her out of the car. 'On August 15, ICE arrested Leidy Tatiana Mafla-Martinez, a criminal illegal alien from Colombia who was convicted for driving under the influence in Los Angeles,' Assistant DHS Secretary Tricia McLaughlin said in a statement to the Daily Mail. 'This criminal illegal alien entered the country in 2022 and was RELEASED by the Biden administration.' Other footage from the arrest showed officers had to lift Martinez out of her electric vehicle and arrest her as she writhed on the ground. 'During her arrest, Martinez claimed to experience shortness of breath. She was given proper medical treatment and will be held in ICE custody pending removal proceedings,' McLaughlin said. Onlookers tried to interfere with the arrest, with one person towing away a government vehicle, according to the Department of Homeland Security. 'During the arrest, an individual unlawfully towed a government police vehicle. He mocked and videotaped ICE officers chasing after him,' McLaughlin said. 'Secretary Noem has been clear: Anyone who seeks to impede law enforcement will be found and prosecuted to the fullest extent of the law.' Martinez, who has over 40,000 followers on TikTok, grew her following while posting videos about immigration raids and anti-ICE protests around California. The day before Martinez's arrest, a man fleeing from an ICE raid at a Los Angeles County Home Depot was killed after he fled into a busy highway. Police in Monrovia were alerted about an ICE raid at the Home Depot on Mountain Avenue at around 9.45am on Thursday, and just five minutes later, they received a call about a man getting struck by a vehicle on the 210 Freeway, Fox 11 reports. The man had jumped a concrete wall shortly after the agents arrived at the scene, fled on foot and entered the freeway, crossing Evergreen Avenue and running onto eastbound lanes, according to the Los Angeles Times. Motorist Vincent Enriquez said he saw the unidentified man soon after he was struck by an oncoming vehicle, and at the time, he was still alive and 'still moving.' But disturbing footage from the scene that was shared online showed a man standing in the road, hitchhiking, as another person could be seen lying on the ground motionless. The victim was then sent to a local hospital, where he was pronounced dead. Meanwhile, 13 people were detained from the raid at the Home Depot, Palmira Figueroa, the director of communications for National Day Laborer Organizing Network, told the LA Times. One of the day laborers who visits the store every day in search of work said the morning started like any other - that is until he heard people start to yell 'La migra, corre!' or 'Immigration, run!' The laborer, who declined to give his name for security reasons, started to record the situation on his phone. He was able to get away, he said, but 'felt powerless' that he could not help his friends. 'It feels horrible - I couldn't do anything for them other than record what was happening,' the migrant said.


Telegraph
5 hours ago
- Telegraph
Britain is ‘poster child' for bad decision-making, bond investor claims
Britain has become the 'poster child' for bad decision-making, a leading bond investor has warned. A string of poor policy choices have pushed up government debt costs and left the UK more exposed to 'tantrums' in the market, said Jason Borbora-Sheen, a portfolio manager at Ninety One. Mr Borbora-Sheen pointed to the bond market reaction to Liz Truss's mini-Budget and Donald Trump's tariff onslaught as examples of how Britain's debt had a greater 'magnitude and likelihood' of what he called 'pinch points'. Borrowing costs surged in both cases, bringing down the Truss government and blowing a hole in Rachel Reeves's Budget. 'I'd almost see the UK as the poster child for poor historical monetary and fiscal policymaking,' he said. 'The way the UK is set up leaves it exposed to tantrums occurring more frequently and of the worst magnitude that you would typically feel comfortable with in a developed world sovereign bond market. That's what leaves us thinking that it's not particularly compelling.' Mr Borbora-Sheen said a failure to properly contain inflation, address high public debt and boost growth was to blame for the situation. Borrowing costs climbed earlier this year after a Labour backbench rebellion over reforms to disability benefits meant to cut spending and boost growth. Bond yields also jumped in January amid concerns that the Chancellor had not left herself enough fiscal headroom in her October Budget, despite raising taxes by £40bn. Mr Borbora-Sheen said ministers need to be prepared to make some 'hard choices' if they want to improve Britain's position in international debt markets. 'You would need to have a hit to growth and be willing to accept less politically-favourable policymaking in order to get your financial position back to something more compelling,' said Mr Borbora-Sheen. 'If you don't do that, you do get this quite unattractive cycle occurring of high yields, making decision-making around Budgets difficult, giving you little room to make more strident choices and that becoming re-enforcing. 'You're not getting your fiscal house in order and it's causing problems for your bond market again and again.' Ninety One, which manages £139.7bn in assets, was formed as Investec Asset Management in South Africa in 1991 before demerging and listing on the FTSE 250 in 2020. Long-term UK government borrowing costs have edged towards their highest level since 1997 as Britain grapples with a toxic combination of high inflation, high government spending and narrow fiscal headroom. The yield on 30-year UK gilts has climbed from 5.13pc at the turn of the year to 5.55pc today. Bonds usually become more attractive when yields – the return an issuer promises to a buyer of its debt – rise. Greater investor interest helps to limit or push down borrowing costs. However, Mr Borbora-Sheen said Britain's bond market was unattractive despite the high yields on offer as investors were unsettled by inflation, which rose to 3.6pc in June. He said: 'The reason you have higher rates in the UK is that inflation is sticky. So if you compare the UK's 10-year bond yield to the US's, it's 0.4pc higher. 'It sounds small but in the scheme of things is actually quite meaningful, particularly when you have a high interest rate burden too, as the UK does, with the need to keep financing those bonds. 'So [Britain] is not being given a lot of credit by those fixed-income markets.' Money markets suggest that the Bank of England is unlikely to come to the Chancellor's rescue. Traders on Monday reduced bets on another interest rate cut this year, with no action now seen as the most likely outcome for the rest of the year. The Bank of England cut interest rates to 4pc earlier this month – the fifth reduction in rates since August last year. However, inflation has been creeping up, with the next official data published on Wednesday. Anita Wright, of Ribble Wealth Management, said: 'Markets don't believe the UK has its long-term finances under control. 'Despite four rate cuts in the past year, the 30-year yield hasn't come down. Why? Because investors are worried about two things: inflation sticking around and the Government's addiction to borrowing.'


Reuters
6 hours ago
- Reuters
Tesla says Model Y L is 'coming soon'
BEIJING, Aug 18 (Reuters) - Tesla's (TSLA.O), opens new tab Model Y L is "coming soon", the electric car company said on Chinese social media platform Weibo on Monday, having previously registered plans to introduce the new model in China. The Model Y L is a six-seat version of its best-selling Model Y with a longer wheelbase. Tesla also shared a video of the new model in its Weibo post. Tesla is refreshing its line-up in the face of growing competition that includes Xiaomi's recently launched YU7. Elon Musk's Tesla registered an 8.4% fall in July sales of its China-made electric vehicles as Chinese competitors continue to offer lower-priced EVs against the backdrop of a price war that has bruised automakers, suppliers and dealerships. A longer-range, rear-wheel drive Model 3 is also coming to the Chinese market, according to filing information published on China's industry ministry website in July.