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A luxury yacht, a Ferrari and genuine gold bars are among the pieces that other people have bought online.
From supercars to exclusive watches, have you ever wondered what happens to the pieces stolen from criminals?Millions of pounds of luxury pieces seized from criminals have been under the hammer for the past year, giving lucky bidders the chance to get their hands on exciting pieces.
Wilsons Auctions is guilty of promoting illicitly obtained profits seized through police forces across the country, Merseyside added. These luxury items, ranging from gold watches to designer handbags, are auctioned off after being seized under the Crime Assets Act.
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This is that the proceeds are returned to the public purse once the criminals have been arrested. Every year, a variety of pieces are seized and resold, yet this year alone, millions of pounds worth of pieces were auctioned, adding a yacht that belonged to a drug trafficker. -Head of the Treating Hotel.
Earlier this year, a 50-foot yacht moored at Albert Dock was due to be sold to the highest bidder after being seized through the National Crime Agency (NCA) after its owner, Gary Swift, became involved in a £60 million drug conspiracy. Swift, from the Huyton Area, arrested when police stormed the drug-laden SY Daring in the early hours of December 2017 off the coast of Wales.
In September, a wide range of 22-carat gold bracelets, valued at more than £300,000, were seized. The gold bracelets were confiscated from an alleged trader transporting them between the UK and Dubai.
Wilsons Auctions’ Director of Government Contracts, Mark Woods, has said in the past, “We are proud to facilitate auctions on behalf of our government and law enforcement clients. We play a vital role in realizing a large number of assets on behalf of those clients. And in recent times and years those auctions have made us guilty of returning £130 million to the public purse. “
In April, a bidding war ensued following the auction of a Ferrari F430 F1 and a Bentley Continental GT, along with Bentley Wings set with homemade diamonds in 18-karat white gold. The special keychain, provided with a full assessment of the jewellery, valued at £15,300.
Earlier this year, after a woman was seen at Heathrow Airport trying to evade customs officers, 15 gold bars were seized. The pieces were thought to be worth more than £650,000 when they were auctioned in December.
As the largest independent auction company in the UK and Ireland, Wilsons Auctions said it would sell the gold without reserves, meaning the masses will be sold to the highest bidder. Wilsons Auctions’ Head of Government Contracts, Mark Woods, said: “We are extremely happy to manage the sale of top-priced assets on behalf of the NCA years now.
“Since gold is an incredibly popular global investment medium combined with the fact that this gold is sold as a reserve, with the auction completely online and open to participants from all over the world, it will be incredibly convenient for bidders. “
You can find out more about Wilsons and upcoming auctions here.
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