WGPlus (Archive)

One suspects much of the money is sent abroad asap!

A Public Accounts Committee report says Government must do more to deprive criminals of the proceeds of crime.  The Committee's report finds opportunities to impose confiscation orders are still being missed.  It also issues a warning about the amount of money recovered when orders are made.

On the basis of unaudited figures provided by the Home Office, the Committee concludes: "Only £190m of the £1.9bn confiscation order debt can realistically be collected sending the wrong message to taxpayers, victims and criminals - that crime pays."

Researched Links:

PC&PE:  Government failure on confiscations sends wrong message about crime

NAO:  Confiscation orders: progress review

PC&PE:  Criminals choosing jail rather than pay confiscation orders

Government publishes anti-money laundering assessment and commits to action plan

Appeal launched for £46m of criminal assets

Fraudster and his mother ordered to hand over £multi-million property empire

NCA fully operational in Northern Ireland

Criminal assets no longer safe overseas following landmark judgement

NCA approach to criminal assets

LGA:  Communities deserve to keep all assets and cash seized from criminals

New rules make it easier to confiscate crooks’ assets across the EU

Click here to download the whitepaper including Sefton Council case study