Rajesh Ghedia pretended he had less than a year left to live as part of his insurance scam
A fraudster faked having terminal cancer as part of scams worth almost £2million – and he even conned cash out of a family member.
As well as carrying out insurance fraud, Rajesh Ghedia, who was jailed for six years and nine months, targeted people he knew in an investment fraud.
And when the former bank worker was quizzed by those he convinced to invest about delays to payments he gave a series of excuses, including claiming his daughter had been killed in a car crash.
Ghedia, 42, who admitted over 30 combined counts of fraud, faked medical documentation and letters from a consultant to claim insurance money between October 2020 and May last year.
In a recording of a call made by him to a firm about a pension fund he can be heard to say that he has advanced pancreatic cancer and has “one year left at the most”.
Ghedia’s other series of scams saw him make fraudulent claims about his position at Bank of America to encourage seven people, including his cousin, to invest in non-existent financial products with the company and Goldman Sachs from 2016 to 2020.
Ghedia claimed he had a year left to live ‘at the most’
Jack Talbot, prosecuting, had set out what he described as “significant cases of fraud”.
During the course of his career, Ghedia had signed up to a…
