Confiscation success for Charity intervenors

News

Meyrick Williams acted on behalf of a registered (now incorporated) charity to assert a claim to assets sought to be confiscated following a 3 month Trial for Tax Evasion and Fraud in Birmingham Crown Court.

Confiscations are usually personal claims against a Defendant but under section 10A of the Proceeds of Crime Act 2002, as amended by the Serous Crime Act 2015, a determination may be made against specific assets that they belong to a certain Defendant making them available and far easier to realise at the Enforcement stage. At that stage any third party Claimant may have a very limited opportunity to resist.

At the beginning of the two week Confiscation hearing Meyrick, on behalf of the charity, appeared on their behalf laying claim to well over £1m of property including property registered in the name of trustees of the charity (also Defendants) and in the name of the central Defendant as a bare trustee. He was entirely successful and the Prosecution agreed these properties would not form part of any pool of assets available for confiscation now or in the future.


Related barristers: Meyrick Williams