Cash Seizure & Forfeiture
The Proceeds of Crime Act 2002 creates a regime enabling police, the UK Border Agency (UKBA), Her Majesty’s Revenue & Customs (HMRC) and other agencies to search for, seize and forfeit cash in the UK. The cash may only be seized in whole or in part provided it exceeds the minimum amount (currently £1,000).
Increasingly prosecution authorities are using these powers to recover cash which they believe are the proceeds of crime or being utilised in the furtherance of criminal activity.
These proceedings being civil in nature impart a greater obligation on the preparation of defence cases. With countless rules regarding time limits, costs, and the service of evidence, these proceedings can be daunting to those not familiar with them.
ABV Solicitors have extensive knowledge and experience of the law surrounding cash seizure and forfeiture. We have represented those who have enforced positive defences or supplied supporting evidence in relation to cash seizures and have resisted applications for the continued forfeiture of cash.
Our team at ABV Solicitors have substantial experience in asset tracing both in the UK and internationally. It is vital that any information is provided to the authorities in the correct manner to ensure that these matters are resolved quickly. Contact our experienced team today and one of our solicitors can guide you through the process.