Wembley man appears in court charged with murdering Marylebone businesswoman Carole Waugh

Rakesh Bhayani is also accused of fraud offences in conenction with 50-year-old millionairess

A Wembley man jointly accused of stabbing a former oil executive to death and stashing her body in a lock-up garage appeared at the Old Bailey today (Monday).

Rakesh Bhayani, 40, of Chamberlayne Avenue, is said to have killed Carole Waugh between April 15 and 19 this year.

Nicholas Kutner, 47, is also accused of murdering the 50-year-old from Marylebone.

Miss Waugh’s body was discovered on August 2 in the boot of a VW Golf at a garage in, New Malden, south London.

The grim discovery came just a day after Kutner was arrested at Luton Airport as he returned from a holiday.

He and Bhayani have already been charged with fraud offences linked to her disappearance, with Kutner accused of posing as her brother so he could sell her �650,000 flat.

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The pair appeared via videolink from Wandsworth Prison for a brief hearing.

They spoke only to confirm their names.

No application for bail was made and the pair were remanded in custody.

Miss Waugh, who was originally from Durham and had worked in Libya, was reported missing last May 7.

So far 11 people have been arrested in connection with the case. It is believed at least three women have attempted to pose as her.

Jobless Bhayani faces three counts of conspiracy to commit fraud, relating to transactions worth �280,000.

Kutner, of no fixed address, faces four counts of the same charge.

The pair have yet to enter pleas to any of the charges they face.

They will next appear at the Old Bailey on November 22 for a plea and case management hearing.

It is likely the fraud counts, which were due to be dealt with at Southwark Crown Court on September 25, will be joined to the murder charge by that time.