Payza’s Firoz Patel and wife pursued for millions in unpaid taxes

Payza co-founder Firoz Patel is running from more than just American authorities. Canadian tax officials are now chasing him for $14 million in unpaid taxes.

According to a May 20th report by the Montreal Journal, Firoz and his wife Nazlin Patel owe Revenu Quebec $14 million CAD—roughly $10.8 million USD. The debt stems from years of unreported income that allegedly flowed through their accounts while Firoz held leadership positions at the digital payments company.

Revenu Quebec has already taken action. The agency won a judgment against the Patels' Montreal residence, valued at over $2 million CAD. It's one of several moves to recover the roughly $3.5 million that Nazlin Patel alone owes the province.

The tax evasion scheme appears deliberate. Authorities allege that between 2013 and 2014, Nazlin failed to report $6.7 million in income. That money, investigators say, was laundered through Nevis, a known Caribbean tax haven. As head of Payza's IT and labor departments, she had direct access to company funds and the knowledge to hide them.

Firoz's tab is even steeper. Revenu Quebec is pursuing him separately for $10.5 million in unpaid taxes based on $27 million in unreported income. The scale of the alleged evasion suggests this wasn't accidental bookkeeping—it was systematic concealment.

The Patels' financial troubles didn't start in Canada. Firoz faces money laundering charges in the United States tied to his role at Payza, a payment processing platform that became a haven for online criminals. The company processed transactions for illegal gambling sites, stolen goods, and worse. Federal investigators connected him directly to the scheme.

Since his US indictment, Firoz has vanished. His current whereabouts remain unknown. Authorities on both sides of the border are looking for him, but he's managed to stay ahead of law enforcement.

The Montreal residence seizure shows that Revenu Quebec isn't waiting idle. Even as Firoz stays hidden, the agency is moving against the family's assets. It's a standard playbook for tax authorities: freeze what you can reach while hunting for the fugitive.

For Nazlin, staying in Canada likely means continued pressure from provincial authorities. The judgment on their home is just the beginning. As Quebec pursues its $3.5 million claim against her, she faces potential asset seizures and mounting legal fees.

The case underscores a larger problem with digital payments platforms in the early 2010s. Payza, like others in the space, grew fast and loose with compliance. Criminals exploited that laxness. And executives like Firoz Patel allegedly got rich in the process—then tried to hide the money.

Now both governments want their cut. Firoz is gone. Nazlin remains in the crosshairs. And a $2 million house in Montreal is the first casualty in a much larger financial reckoning.

🤖 Quick Answer

Who is Firoz Patel and what are the tax allegations against him?

What actions has Revenu Quebec taken to recover the debt?
Revenu Quebec obtained a judgment against the Patels' Montreal residence, valued at over $2 million CAD. The agency is pursuing collection of approximately $3.5 million owed by Nazlin Patel alone to the province.

What period does the alleged tax evasion cover?
According to reports, the tax evasion scheme allegedly occurred between 2013 and subsequent years, involving unreported income that flowed through the

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