Pakistani-French fashion designer Mehmood Bhatti sentenced for tax fraud
Mehmood Bhatti, a Pakistani-French fashion designer, has been sentenced for tax fraud and money laundering. He pleaded guilty to charges related to his lavish lifestyle funded through a company in the UAE. Bhatti received a suspended prison term, a fine, and a ban on managing a company as part of his sentence.
- ▪Mehmood Bhatti was sentenced for tax fraud and aggravated money laundering.
- ▪He admitted to benefiting from a loan system to support his lifestyle.
- ▪Bhatti received a suspended two-year prison term and a €150,000 fine.
Opening excerpt (first ~120 words) tap to expand
Mehmood Bhatti's life reads like a film script. His meteoric rise in Paris's ready-to-wear fashion industry, beginning in the 1980s, inspired the character played by Richard Anconina in the film La Vérité si je mens (Would I Lie to You?, 1997), directed by Thomas Gilou. Bhatti built his reputation around his arrival in France in the mid-1970s, at the age of 20. In his 1999 autobiography and in numerous interviews, he portrayed himself as a self-made entrepreneur who climbed the social ladder through sheer tenacity and ingenuity. His bestselling product, a black faux-leather jacket, sold several million units, he says. He quickly mingled with the jet set and political circles.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Le Monde (EN).
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