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Date Posted: 07:55:54 01/02/03 Thu
Author: Mr Concerned
Subject: Criminals face wealth crackdown

From the BBC news site (dated: Monday, 30 December, 2002, 01:06 GMT)

(quote)
Criminals face wealth crackdown

New powers allowing police and customs officers to seize criminals' assets come into force on Monday.

The Proceeds of Crime Act will mean money can be confiscated from all types of criminals and not just drug dealers, as previous laws allowed.

By 2004 the government hopes to have doubled the amount of cash seized each year to £60m.

It says the measures will hamper the actions of organised crime gangs and act as a deterrent to future generations of criminals.

......

Even when there is no criminal prosecution a new assets recovery agency can now step in.   .... (end quote)

Proceeds of Crime Act (2002) (which updates the Proceeds of Crime Act (1995))

Hmm, this sound sound quite promising.  I wonder if it also includes giving money back to those who lost out, eg. by misrepresentation, etc.

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