Restraint, confiscation & asset recovery

Restraint, confiscation & asset recovery

Prosecutors are increasingly using restraint orders to freeze the assets of those under criminal investigation.

The freezing of assets can leave individuals without the resources to fund their defence.

Preserving assets under the Proceeds of Crime Act 2002 is the norm in investigations and they are now made at a very early stage of the process. Upon conviction, it is now also common practice for prosecutors to apply for the confiscation of a defendant’s assets in any criminal case brought under the Act.

It is essential that you have a legal team which has the experience to deal with this complex area as the courts have the power to imprison, for up to 10 years in default, for failure to pay the amount due under a confiscation order. Our lawyers have experience of handling all aspects of restraint and confiscation orders.

If you have been the subject of a restraint order and had assets frozen, our team can help you to have unrestricted access to your assets.

We can also assist in trying to keep any confiscation order to a minimum.

Cash Seizures

Our team is frequently involved in successfully opposing applications for forfeiture of cash seized under the Proceeds of Crime Act 2002.

This often involves the need for a delicate tactical approach when faced with parallel criminal and civil investigations. In our experience, these enquiries can range from the seizure of personal papers and effects, up to cash in excess of £1m. We can also assist with liaising with the Criminal Taxation Unit of HMRC following seizures of cash related to tax.

More recently we have been instructed in a number of matters arising out of the Metropolitan Police Operation Rize series of raids and seizures.

Regulatory solicitors

To arrange a discussion with a regulatory solicitor contact us on 0800 840 4929. We are available to take your call twenty four hours a day, seven days a week.

Call us free on:

0800 0384 384