- .Director Disqualification
- .Proceeds of Crime Act (POCA)
- .Confiscation Order Proceedings
- .Restraint Orders
- .Anti-Money Laundering
- .Appeals to the Court of Appeal
- .Boiler Room Fraud
- .Asset Forfeiture & Cash Seizure
- .Commercial Litigation
- .Company Fraud
- .Dawn Raids and Seizure
- .Diversion Fraud Defence
- .False Accounting Fraud
- .Financial Fraud
- .Fraudulent Trading
- .Industry Advice
- .Insider Trading Solicitors
- .Insolvency Claims
- .Investment Fraud – Pyramid Schemes
- .Regulatory Disputes
- .What is Advance Fee Fraud?
For more information get in touch with our team
Asset Forfeiture & Cash Seizure
DPP Business & Tax asset forfeiture solicitors specialise in criminal litigation, especially on defending clients affected by cash forfeitures, cash seizures, and asset confiscation proceedings.
Asset confiscastion and cash seizure orders is the taking away of money or goods during the course of an investigation.
If the court has carried out a confiscation order as part of a financial investigation, the Proceeds of Crime Act 2002 allows the police to seize any cash or assets that are understood to be goods from ill-gotten gains.
When confiscation orders are issued, there is a belief that there are goods that have been bought by the proceeds of crime – or funded a crime. In some instances, police will seize goods that they believe have funded crime.
These seizures can be carried out without any warning, often surprising the person in question.
The police and the National Crime Agency can seize anything from cash to property – and can be extremely distressing for the individuals and family concerned.
What are the conditions for cash and asset confiscation?
As part of the confiscation proceedings, there are certain conditions that must apply before seizure. These include:
- A police presence is lawful
- There is reason to suggest that the money is recoverable property (obtained by unlawful conduct) or due to be used by any person unlawfully.
- There appears to cash to the value of £1000 or more.
What are the problems with cash and asset seizure?
Problems arise when forfeiture and seizures take place needlessly. Because the court has issued an order, there is little to no notice given. Often situations occur when the individual has to go through a lengthy process to prove that the goods seized were not products of crime but from a legitimate source.
In the meantime, back accounts are frozen and savings are seized, creating huge problems for the individual and any dependents.
Unfortunately, when it comes to cash and asset confiscation, the lawful model of being innocent until proven guilty is reversed.
How our Asset Forfeiture Solicitors can help
DPP Business & Tax Solicitors has many years of experience providing asset seizures criminal defence, representing clients who have been implicated in asset and cash forfeiture. We understand that confiscation proceedings requires swift response to issue a recovery order to help you get your assets back.
When it comes to tax services, our solicitors have a reassuring amount of experience. We’ve been defending fraud cases for more than twenty years.
Additional resources are now being directed by HMRC to identify and tackle tax avoidance, tax evasion and organised criminal attacks on the system.