This is the Prestidigitator. He claims to have traveled to the fabled Shangrila in the Orient and to have studied under many great gurus and swamis. Quite why this man then ended up in a run down suburb of Birmingham, England, living a life of petty crime is a mystery. He is a known associate of the Aston Villain and Shocking Pink.
This miniature is from a range of pulp era figures that I would recommend to anyone keen on the genre.
http://www.pulpfigures.com/catcode.php?range=Gangland%20Justice&code=PGJ&number=13&custID=1959321381206126443