A London businessman has been sentenced for his involvement in a major criminal money laundering operation centred on a Bradford jewellery firm, with gold purchased using criminal cash and shipped to Dubai.
A further man has been jailed for his involvement in a £266 million money laundering operation centred around a scrap jewellery business in Bradford.
Samir Jagirdar, 58, of Addiscombe Road, Croydon, was sentenced to seven years in prison at Leeds Crown Court on Monday, 12 October.
Jagirdar was the owner and director of Pure Nines, a company based in London's Hatton Garden jewellery district.
An investigation by West Yorkshire Police's Economic Crime Unit established that Pure Nines was used as a front for delivering criminal cash to Bradford-based jewellers Fowler Oldfield.
The money was used to purchase gold, which was subsequently shipped to Dubai.
Criminal operation ran for four years
The money laundering offence took place between 2012 and 2016.
Investigators established Jagirdar's involvement in the operation, which formed part of a wider investigation into the movement of £266 million in criminal funds.
Jagirdar admitted the money laundering offence at an earlier court hearing.
Alongside his seven-year prison sentence, he was also disqualified from acting as a company director.
Further convictions in major investigation
Jagirdar is the latest individual to be sentenced in connection with the investigation.
Two other men were sentenced in August 2026, while four more received sentences in March 2025.
The case has involved an extensive investigation by West Yorkshire Police into the movement of criminal cash through businesses operating in the precious metals industry.
The latest sentencing marks another development in the investigation into the multimillion-pound operation linked to Bradford.
Radio News Script — 39–42 Seconds
A London businessman has been jailed for seven years for his role in a 266-million-pound money laundering operation centred on a Bradford jewellery firm.
58-year-old Samir Jagirdar, from Croydon, was sentenced at Leeds Crown Court.
West Yorkshire Police found his Hatton Garden company, Pure Nines, was used to deliver criminal cash to Bradford-based jewellers Fowler Oldfield.
The money was used to buy gold, which was then shipped to Dubai.
The offences took place between 2012 and 2016.
Jagirdar had previously admitted money laundering and has also been banned from acting as a company director.
Six other men have already been sentenced in connection with the investigation.
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