Courts uphold ‘ground breaking’ UK first unexplained wealth order – OUT-LAW.com

‘The High Court has upheld the UK’s first unexplained wealth order (UWO), dismissing a legal challenge to the order obtained by the National Crime Agency (NCA) earlier this year.’

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OUT-LAW.com, 16th October 2018

Source: www.out-law.com

Banker’s wife may lose property worth millions after UK court ruling – The Guardian

Posted October 4th, 2018 in money laundering, national crime agency, news, proceeds of crime by tracey

‘The wife of a foreign banker faces losing UK property worth millions of pounds unless she can explain the source of her wealth, following a judgment at the high court.’

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The Guardian, 3rd October 2018

Source: www.theguardian.com

Woman pretended daughter was injured in Manchester attack for insurance claim – The Independent

Posted September 20th, 2018 in fraud, insurance, news, personal injuries, proceeds of crime, sentencing by tracey

‘A woman who pretended her fake daughter was injured in the Manchester attack to make an insurance claim has been jailed for fraud. Susan Pain, who worked in insurance herself, posed as a dentist and said her daughter “Sophie” had sustained serious injuries needing two operations following the bombing that left 22 people dead last year. But AXA could not trace a victim under the name given in the £2,500 claim for loss of earnings, and alerted the police after uncovering years of false claims by Pain.’

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The Independent, 19th September 2018

Source: www.independent.co.uk

Man jailed for £53m UK heist will not have to repay share of proceeds – The Guardian

Posted August 30th, 2018 in confiscation, news, proceeds of crime, repayment, robbery by sally

‘A cage fighter convicted of taking part in a £53m armed robbery has been excused from paying back his alleged share of the stolen cash after a secret court hearing.’

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The Guardian, 29th August 2018

Source: www.theguardian.com

UK’s pensions regulator cracks down on scams with use of new powers – OUT-LAW.com

Posted August 22nd, 2018 in enforcement, fraud, news, pensions, proceeds of crime, valuation by sally

‘The UK’s Pensions Regulator (TPR) has begun to use a number of enforcement powers for the first time in efforts to deal with issues such as pension scams, scheme valuations and automatic enrolment.’

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OUT-LAW.com, 21st August 2018

Source: www.out-law.com

Extensions of Moratorium Periods and How it Can Be Challenged – Drystone Chambers

Posted August 9th, 2018 in freezing injunctions, news, proceeds of crime, time limits by sally

‘The NCA now have the power to extend the moratorium period on Suspected Activity Reports (SAR) by 31 days, up to a total of 186 days. This is due to the amendment of the Proceeds of Crime Act 2002 (‘the Act’), by the Criminal Finance Act 2017. It is usually clear to an interested party when this is happening, due to delay from the banks in releasing their money. The banks cannot confirm this due to the tipping off provisions.’

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Drystone Chambers, July 2018

Source: drystone.com

Asset Seizures – An Overview of the New POCA Powers Brought in Under Criminal Finance Act 2017 – Drystone Chambers

Posted August 9th, 2018 in forfeiture, news, proceeds of crime by sally

‘The last tranche of the Criminal Finance Act 2017 (‘CFA’) was enacted on the 17th of April 2018, which put in place the laws in relation to the forfeiture of movable property. For the ease of purpose, I have called this asset seizure, to bring it into its rightful place along with account and cash seizures.’

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Drystone Chambers, July 2018

Source: drystone.com

The International Dimension of the Proceeds of Crime Act 2002 – Drystone Chambers

Posted August 9th, 2018 in foreign jurisdictions, news, proceeds of crime by sally

‘Organised crime is an international business. Assets are not kept in one country but moved rapidly from one jurisdiction to another. Stopping this flow of money is crucial to the international effort to curb the effect of organised crime in every jurisdiction. This can only be done by better regulation, prosecution of criminal matters and the use of non-conviction based asset recovery. This has been recognised in recent times both nationally and internationally.’

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Drystone Chambers, July 2018

Source: drystone.com

Stand by your man? The clash of criminal law and family law concerning inter-spousal transfers of assets – Family Law

Posted July 11th, 2018 in confiscation, divorce, fraud, matrimonial home, news, proceeds of crime by tracey

‘The judgment of the Court of Appeal in R v Hayes [2018] EWCA 682 is a stark and unsettling reminder of how occasionally a family court and a criminal court may deliver contradictory judgments on the same facts.’

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Family Law, 11th July 2018

Source: www.familylaw.co.uk

Surrey sex dungeon couple must pay £45,000 after court hears they ignored order to shut down – Daily Telegraph

Posted June 4th, 2018 in news, proceeds of crime, sex establishments by sally

‘A couple who owned a sex dungeon in Surrey have been ordered to pay £45,000 after the court heard they ran the den despite being told to shut it down.’

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Daily Telegraph, 1st June 2018

Source: www.telegraph.co.uk

London borough secures its largest ever confiscation order for planning breaches – Local Government Lawyer

Posted May 30th, 2018 in confiscation, costs, fines, local government, news, planning, proceeds of crime by sally

‘Islington Council has secured a confiscation order of £304,458 under the Proceeds of Crime Act against a property company which converted a single dwelling into five flats without planning permission.’

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Local Government Lawyer, 29th May 2018

Source: www.localgovernmentlawyer.co.uk

Drug dealer has confiscation order increased nine years after conviction – Crown Prosecution Service

‘A drug dealer has had his confiscation order increased by £1.8million almost a decade after his original conviction following an application by the Crown Prosecution Service.’

Full press release

Crown Prosecution Service, 4th May 2018

Source: www.cps.gov.uk

Businessman illegally raised value of home by chopping down protected trees – Daily Telegraph

Posted May 2nd, 2018 in environmental protection, news, proceeds of crime, sale of land, trees by tracey

‘A wealthy businessman illegally cut down 11 protected trees on his land to give himself a bigger back garden, a court has heard.’

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Daily Telegraph, 2nd May 2018

Source: www.telegraph.co.uk

Police officer who stole drugs ordered to repay £135,000 – Crown Prosecution Service

‘A police officer who stole and sold the illegal drugs he was meant to dispose of has been ordered to pay back more than £135,000.’

Full press release

Crown Prosecution Service, 24th April 2018

Source: www.cps.gov.uk

Former Stephen Lawrence suspect Neil Acourt ordered to repay drug money – BBC News

Posted April 13th, 2018 in confiscation, drug trafficking, news, proceeds of crime by tracey

‘A former suspect in the murder of Stephen Lawrence has been ordered to repay £6,000 reaped from a drug ring or face more time behind bars.’

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BBC News, 12th April 2018

Source: www.bbc.co.uk

Benefits fraudster ordered to pay back £190,000 – Crown Prosecution Service

Posted April 9th, 2018 in benefits, fraud, press releases, proceeds of crime, repayment by tracey

‘A woman who was jailed for making false benefit claims – including lying that she needed 24-hour care – has been ordered to pay back £189,725 to the taxpayer.’

Full press release

Crown Prosecution Service, 6th April 2018

Source: www.cps.gov.uk

Breaching licensing and proceeds of crime – Nearly Legal

Posted February 12th, 2018 in landlord & tenant, licensing, local government, news, proceeds of crime by tracey

‘Brent Council v Shah and Others, unreported 29 January 2018 (Crown Ct (Harrow). The Proceeds of Crime Act 2002 (‘POCA’) has been successfully used by Brent Council against landlords for breach of licencing conditions.’

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Nearly Legal, 11th Febraury 2018

Source: nearlylegal.co.uk

Criminal landlords could lose all earnings after court ruling – The Guardian

Posted February 2nd, 2018 in landlord & tenant, local government, news, proceeds of crime by sally

‘Criminal landlords who rent out illegally dangerous homes will be forced to give up all their earnings, following a court ruling that could strengthen powers to tackle Britain’s worst housing.’

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The Guardian, 1st February 2018

Source: www.theguardian.com

Code of practice issued under section 377A of the Proceeds of Crime Act 2002 – Official Publications

‘This amended code provides guidance on the use of investigation powers under the Proceeds of Crime Act (POCA) 2002 by prosecutors (in England and Wales and Northern Ireland) and has been updated following amendment of POCA by the Criminal Finances Act 2017.’

Full press release

Official Publications, 31st January 2018

Source: www.gov.uk/government/publications

Terry Adams pays back £750,000 from proceeds of crime – Daily Telegraph

‘One of London’s most notorious former crime bosses has paid back almost three quarters of a million pounds in ill gotten gains, after being warned he would go back to prison if he failed to pay.’

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Daily Telegraph, 8th December 2017

Source: www.telegraph.co.uk