Proceeds of Crime Threshold Lowered
Crime No Longer Pays for Small-time Crooks: Powers toSeize Smaller Cash Sums Come Into Force Today
Home Office Press Release
31 July 2006
Small-time criminals involved in money laundering, drug dealing
and other types of criminal activity now stand to have smaller
sums of illicit cash sums seized by law enforcement agencies.
From today the threshold for seizing suspect sums of money under
the Proceeds of Crime Act 2002 (POCA) has been lowered from £5,000
to £1,000. Cash search and seizure powers in the Proceeds of
Crime Act 2002 (POCA) allow police and customs officers to seize
money suspected to be the profit of crime or intended for use in
crime.