Businessman said lived 'a complete gigantic lie'

London

The court also heard that he blew £230,000 playing the tables at the Playboy Club after he falsely claimed to have £1m sitting in his account.

A businessman masqueraded as a real estate tycoon responsible for 'skyscrapers and swarming estates' in order to gamble huge sums of cash in exclusive casinos, a court heard.

The Daily Mail reports that Shy Dahan, 33, allegedly used bogus Credit Suisse paperwork to mislead casino staff about his wealth.

He produced documents from the Gibraltar arm of the bank showing he had more than £20m in his account in a bid to gain credit at some of London's flashest clubs and casinos.

Southwark Crown Court heard he posed as a successful real estate guru to Credit Suisse, boasting of properties in New York, Toronto, Mexico, and Israel.

Claiming to be the owner of S Capital Group, Dahan’s website claimed he was someone who ‘fulfills his dreams, turning visions into skyscrapers and swarming estates’.

But jurors heard the blurb about Dahan and his company, alongside details of its ongoing projects, was directly lifted from a genuine real estate firm’s website called Canada-Israel.

‘Every single last word of it is a complete lie, a complete gigantic lie,’ said prosecutor Simon Wild said.

The court also heard Dahan blew £230,000 playing the tables at the Playboy Club after he falsely claimed to have £1m sitting in his account.

Dahan denies four counts of fraud by false representation.

Hit the link below to access the complete Daily Mail article:

Businessman used fake bank documents to pretend he had £20m so he could gamble huge sums in exclusive London casinos

Britain's fat cat pay gap hits new heights as average blue-chip chief executive earns 143 times more than his workers

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