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2 Years or £200k?
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=21092		 Page 1 of 1
Author:  l3v1ck [ Sat Jan 18, 2014 10:58 am ]
Post subject:  2 Years or £200k?
News CLICKY
Quote:
The ringleader of a drug trafficking gang has been ordered to pay £200,000 or spend an extra two years in jail.

Matthew Deny, 50, of Norman Mews, Exeter, who was jailed in 2010, is serving an 18-year term for his role in organising a gang that brought £1.8m worth of cocaine to Devon and Cornwall.

Exeter Crown Court heard Deny's hidden assets amounted to £200,000.

A judge ruled he had six months to pay the money or his sentence would be increased to 20 years.

Surley if you're going to be in prison that long you're better off not giving them the cash if it's been laundered somewhere. A nice little nest egg for when you get out. Even with inflation it would still be worth £100k then.
Author:  Amnesia10 [ Sun Jan 19, 2014 2:04 pm ]
Post subject:  Re: 2 Years or £200k?
With this governments economic policy I doubt it will be worth that in 20 years. Though in his position I would probably take the time. It amounts to £100K a year and how many of us earn that?
Author:  jonbwfc [ Sun Jan 19, 2014 3:39 pm ]
Post subject:  Re: 2 Years or £200k?
You don't tend to get a 1-for-1 transaction when laundering money for a start. I'd be rather surprised if the 'capital' was near 100K TBH.

However, it has to be said an extra two years doesn't seem all that much more of a trial to me. It's not as if he's doing hard labour. Given the likelihood of remission on his actual sentence, he's only likely to serve 11 years tops in all likelihood anyway. Plus there's some sense of sticking two fingers up to authority about it.

If they'd said 'you can stay in prison until you give us the money back' that's one thing but this doesn't seem like a particularly fearsome threat.
Author:  MrStevenRogers [ Sun Jan 19, 2014 4:11 pm ]
Post subject:  Re: 2 Years or £200k?
and i always thought and was informed that crime doesn't pay, sadly i seem to be misinformed ...
Author:  l3v1ck [ Sun Jan 19, 2014 4:26 pm ]
Post subject:  Re: 2 Years or £200k?
You all seen to be thinking the same as me. Two years isn't much incentive to hand it over. Ten extra years would be much more of a threat.
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