Mr Justice Wilkie said Bhayani "ruthlessly targeted" Ms Waugh and murdered her with "greed, callousness and total lack of any regard."
He said: "Without a second thought, you calmly and comprehensively set about stealing her identity" and a complete "asset-stripping of her persona".
More top news
Dry, warm and sunny with sea breezes. Isolated heavy showers by evening and overnight
People caught littering in Stockton-on-Tees will now face a £130 fixed penalty fine.
Hundreds of people will lose their jobs following a collapse in diesel sales across Europe.