Supreme Court Rules That Suspected Fraudsters Can Spend Frozen Assets On Statutory Costs
The Supreme Court ruled today that fraudsters could spend frozen assets on reasonable legal costs in civil proceedings prior to a criminal trial over the £ 15.25 million Ponzi scheme. The Criminal Proceedings Act of 2002 (POCA) does not preclude "exceptions to legal costs in civil proceedings", which proceedings are subject to "same or similar allegations, alleged facts and / or evidence". It will be raised in connection with it Caused the creation of a detention order, "convened by the British Supreme Court. Independent Financial Adviser Andrew Luckhurst, 71, was sued by an investor in his financial services business in 2016 and was dismissed after a partial settlement of civil proceedings the following year for £ 2.71 million worldwide. It was subject to a freeze order. Police have already investigated allegations of fraud, and the public prosecutor's office obtained a detention order for Luckhurst's assets under POCA shortly after the freeze order wa...