Our client faced Confiscation Proceedings by virtue of the Proceeds of Crime Act (POCA) 2002 before Birmingham Crown Court. The Prosecution were alleging that our client had significantly benefitted from his particular and general criminal conduct.
The Prosecution were initially suggesting our client had benefitted from both particular and general criminal conduct in the sum of over £1 million. The available amount of assets belonging to our client for confiscation purposes was calculated by the prosecution to be in the region of £900k.
A thorough financial examination was undertaken on behalf of our client and areas of confiscation law sought to be relied upon by the Prosecution were vigorously opposed and successfully challenged. As a result, we were able to negotiate with the Prosecution and a Confiscation Order in the sum of £100k was agreed which was a substantial reduction in the sum the Prosecution were initially pursuing.
Our client was delighted with the result which had been achieved through a complex and protracted process which included significant financial analysis work.
The case was conducted by Amandeep Murria of Kangs Solicitors.
At Kangs we have a dedicated team specialising in Confiscation, POCA, Asset Forfeiture and Restraint Order work and we are happy to provide clients and fellow professionals with an initial no obligation consultation.