If your cash or assets have been seized by the authorities, it is vital to seek legal advice as soon as possible. These cases can escalate quickly, and early intervention often makes a significant difference in protecting your property and rights.
Under the Proceeds of Crime Act 2002 (POCA), law enforcement agencies such as the Police, HMRC, the Serious Fraud Office (SFO), the National Crime Agency (NCA), and the Crown Prosecution Service (CPS) have the power to seize cash or assets if they reasonably suspect the property was obtained through criminal conduct or intended for use in unlawful activity. Accredited financial investigators working with other government bodies can also exercise these powers.
Cash seizures can be made where the amount exceeds £1,000 and is believed to be the proceeds of crime. There is no upper limit to how much can be seized. In addition to cash, agencies can also seize high-value items such as jewellery, watches, designer goods, art, and even gift vouchers or postage stamps, if they are valued at over £1,000 and suspected to be criminal property.
These seizures often occur without warning, and for individuals, families, or businesses, the experience can be deeply distressing. In many cases, savings, emergency funds, or valuable personal items may be taken during a raid, with no immediate explanation as to why. While law enforcement may assume criminal involvement, simply storing large sums of money or valuables at home or in a business safe does not in itself imply illegality.
Once assets have been seized, the authorities may apply to the court for forfeiture. At this point, the burden often falls on the person whose property has been taken to provide proof of legitimate ownership. This can include financial records, banking history, or business documentation. In some situations, the support of a forensic accountant may be necessary to build a detailed picture of the origin of funds.
Individuals may also be invited to attend an interview with the investigating authority. While this is not compulsory in the same way as a police interview under caution, it is a decision that should be approached strategically, with legal advice. Anything said or shared may influence the outcome of a forfeiture application.
At Axiom Legal Advisors, we have extensive experience in dealing with cash and asset seizures. We act swiftly to assess the legality of the seizure, challenge the evidence where appropriate, and make applications to have property returned where the forfeiture cannot be justified. Our team works with financial experts when necessary to trace and verify the legitimate origin of the assets.
If you’ve had cash or valuables seized, it’s critical to act quickly. Contact Axiom Legal Advisors today for expert guidance and strong legal support. We will help you challenge the seizure where appropriate and fight to ensure your rights and property are protected.