This time next year well be millionaires The

‘This time next year we’ll be millionaires. ’ The reality of asset recovery in a northern town. D. I Glen Jones GMP Economic Crime Unit

The scale of opportunity? ‘There is no definitive estimate to the total criminal economy … but in 2012 -13 the National Fraud Authority estimated that total fraud alone was £ 52 billion. ’ ‘… criminal assets have been very difficult to identify and confiscate, especially for sophisticated criminal enterprises. ’ NAO (2013) ‘…. . organised crime domestically generates over £ 2 billion of assets in seizable form annually…. ’ HM Treasury (2007) 2

Number of orders 500 417 Between 2007 - 2014 396 322 334 313 375 confiscation orders 2351 878 forfeiture orders 310 268 250 154 95 154 157 166 101 125 50 0 07/08 08/09 09/10 10/11 11/12 12/13 13/14

Value of orders Between 2007 - 2014 00. 00 £ 29. 6 million in confiscation £ 13. 14 million in forfeiture 00. 00 £ 0. 00 2007 08 2008 - 2009 -10 2010 09 11 2011 12 2012 - 2013 - 14 13

The reality of most criminal spending. 1, 030 78 £ 50 k+ 21 £ 40 - 50 k 51 25 £ 30 - 40 k £ 20 -30 k 113 £ 10 - 20 k 132 £ 5 - 10 k < £ 5 k

High benefit, low assets and the usual suspects ‘A good confiscation follows a good conviction’ John Turner 6

AUSTERITY 7

A story of lost love, enforcement and attrition.

Draconian or proportionate? 10

Any Questions?