London: An Indian-origin conman has been convicted of murdering a millionaire oil executive by stabbing her in the neck at a central London flat to fund his gambling habits.
Rakesh Bhayani from Wembley in north-west London was convicted yesterday at the Old Bailey court here for the murder of Carole Waugh, who had disappeared from her Marylebone flat in May 2012.
Her body was found in a garage in southwest London on August 2 last year.
During the trial, prosecutors told the court that "the evidence strongly suggests" Waugh was stabbed in the neck at home on April 16, 2012.
The 50-year-old was said to be lonely and worked as an amateur escort.
Bhayani, 41, had told jurors at the Old Bailey that he went to Waugh`s flat with co-defendant Nicholas Kutner, 48, to remove her corpse and store it in a car.
He explained that he did not contact police because he was involved in a fraud with Waugh?and Kutner and feared he would be linked to her murder.
Kutner was cleared of murder but found guilty of perverting the course of justice by concealing the death. He has already admitted conspiracy to defraud.
Bhayani too previously admitted conspiracy to defraud Waugh and perverting the course of justice by concealing the death.
He claimed a casual affair with the deceased and that she had agreed to disappear from the country so that he could carry out various frauds using her name with accomplice Kutner.
The court concluded that the married father of two murdered his former lover to fund his out-of-control gambling habit.
Bhayani has made 14 previous court appearances for 95 offences and Kutner has been before the courts 13 times for 97 offences, jurors were told.