Apprentice Star Questioned Over Money Laundering
British The Apprentice contestant Syed Ahmed has been quizzed by police
officers who suspect him of being involved in money laundering.
The 31-year-old, who is expecting a baby with his The Apprentice rival
and eventual winner Michelle Dewberry, was arrested in the Chingford area
of east London on Saturday (12AUG06).
The police investigation follows a complaint from an investor who
loaned money to the computer firm Ahmed runs with business partner Afteb
Ahmed, who is not a relation.
Property tycoon Terry Brady reportedly made a short-term loan of
#400,000, and Aftab has been arrested on suspicion of money laundering and
obtaining money by deception. British newspaper The Sun reports Aftab
bought a luxury home with the money, and that Syed fell out with him over
Syed's lawyer Scott Ewing says, "Syed has been knocked for six and
is devastated he has a stain on his business reputation which is wholly
"This should never have been dealt with as a criminal matter. It
is a straightforward dispute."
Syed has been bailed until 20 October (06).