March 7 2014 Latest news:
Tuesday, January 29, 2013
Convicted criminals who have yet to pay back cash gained through their illegal deeds were subjected to dawn raids today.
Officers targeted properties across the capital after warrants were issued for failures to comply with confiscation orders worth £2.6million in total.
The Met Police said some of the people living at the addresses had luxury cars, offshore bank accounts and millions of pounds worth of assets, and have worked persistently to avoid payment of confiscation orders.
Last year judges ordered the recovery of more than £187m through 6,269 separate confiscation orders.
Detective Superintendent Nick Downing, said: “Today is the start of our activity to ensure that those criminals who have had confiscation orders imposed on them by the court pay the outstanding amounts.
“The enforcement of these confiscation orders matters to everyone, not just as a deterrent but also as a point of justice.
“For example, if people have been victims of crime and lost money, the judge, as part of the confiscation / forfeiture hearing, can instruct that a percentage of the money is paid in compensation to the victim.
“Our message is very clear, if you have an outstanding confiscation order, take every opportunity to pay it now.”