Assets seized under POCA on the increase Proceeds Of Crime Act 28.07.2009 28/07/2009 The Proceeds of Crime Act 2002 allows the confiscation of assets from persons who benefit from the proceeds of their criminal conduct. The Proceeds of Crime Act 2002 also allows the law enforcement agencies, such as the Police, Serious Organised Crime Agency, and the Crown Prosecution Service, to investigate and act to: Recover cash, property and other assets, which have been obtained through unlawful conduct or which is intended to be used in unlawful conduct, and to; Tackle money-laundering operations It is up to the individuals themselves to prove on the balance of probabilities that they acquired their cash and assets legitimately. If they are unable to do so, their cash and assets may be seized and the money obtained will be used towards further asset recovery work or other community projects. Between 2003 and 2008 the total confiscated under the Proceeds of Crime Act went from £38 million to £150 million. Between July and September 2008, criminal assets confiscated totalled £33.5 million and half of this will be shared between police, prosecutors and courts. As an example £5.4 million will be given to police forces in England and Wales. This year alone, between January and April 2009, a total of £23.6 million was recovered and this will be paid back to frontline services, with £7 million to be shared between all police forces in England and Wales. Under an incentive scheme introduced in 2006, police and recovery agencies can keep half of the cash they seize from criminals. Home Office Minister Vernon Coaker said the scheme "makes crime far less profitable". On 26 June 2009, the Home Office revealed that last year, almost £150 million was seized from individuals subject to proceeds of crime actions. To arrange a discussion with no obligations, call Maxine Swift on 0207 421 3883 or send us an online enquiry. Press contact Dave Grimshaw Press Officer 0114 274 4397 Email Dave Related articles 20.03.2019Government Issues Recommendation for Leasehold Reform 15.03.2019Irwin Mitchell Recruits Hundreds Of Volunteers For Red Nose Day 2019 15.03.2019Irwin Mitchell Scoops Hat-trick At Birmingham Law Society Legal Awards 13.03.2019Sheffield City Region Launches Global Innovation Corridor At MIPIM 2019 08.03.2019Irwin Mitchell Launches Women in Law Timeline 05.03.2019Does A Rest Break At Work Have To Be Continuous?