A wealthy woman was murdered by two professional conmen in order to steal her property and financial assets, a court has heard.
Carole Waugh, 50, disappeared from her home in Marylebone, central London, in May last year and her remains were found three months later.
The Old Bailey heard that Rakesh Bhayani, 41, and Nicholas Kutner, 48, had killed Miss Waugh in order to feed their gambling habit.
The pair deny murdering Miss Waugh.
Patrick Gibbs QC, prosecuting, told the jury that the men "had a taste for grand and expensive things and were gripped by the same compulsion to gamble".
Miss Waugh's body was found in the boot of a car in a garage in South Malden in August 2012.
Tests showed she had been stabbed in the neck.
'Identity theft'Mr Gibbs told the court that "the Crown cannot say whose hand was on the weapon".
"But whoever struck the fatal blow, we say that Mr Bhayani and Mr Kutner planned it, and were responsible for it, and having taken her life, they then systematically took all her worldly goods as well."
The prosecution claim that the men had a history of tricking and defrauding people.
The court heard that once Miss Waugh was dead, Mr Bhayani got a number of women to impersonate the oil executive.
He then "rehearsed" the women so they could strip Miss Waugh of her assets in shops and banks by using her credit cards.
After her death, Miss Waugh's identity was also used to buy gold bullion and Krugerrands, the jury was told.
The trial continues.
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