A criminal gang leader has managed to avoid another seven years being added to his seven-year prison sentence after paying back the money he took in a money laundering operation.
Thomas ‘Tommy’ Adams appeared in a confiscation hearing on 27 February 2020 and had his available assets determined by the Judge to be £1,243,270.75.
He was then issued a Confiscation Order for the same sum.
Adams’ money laundering operation was discovered in 2014 when undercover police heard him discussing the operation at a cafe in London.
Associates of Adams were also seen handing over a bag of money at Eustion station.
Thomas ‘Tommy’ Adams appeared in a confiscation hearing on 27 February 2020 and had his available assets determined by the Judge to be £1,243,270.75.
PA
The group were convicted of the two offences over two separate trials in 2017 and between them were jailed for over 30 years.
The hearing at Croydon Crown Court in 2020 saw the prosecution show Adams had benefited from the “dirty’ cash he was trying to launder.
He also had properties across London and Cyprus which were being held by third parties, these third parties were also helping Adams to launder money through their bank accounts.
Adrian Foster of the CPS Proceeds of Crime Division said:“Tommy Adams has finally paid back the full confiscation order amount determined by the Crown Court following proceedings in 2020.
“We worked closely with the police to make sure he did not benefit from the proceeds of his crime. To date he has paid back £1,243,270.75 from his criminal conduct.”
“Where criminals fail to pay the orders made against them, the CPS will robustly pursue them for the money they owe, asking that default prison sentences are imposed where necessary.”
“In the last five years over £530 million has been recovered from CPS obtained Confiscation Orders, ensuring that thousands of convicted criminals cannot profit from their offending. £118m of that amount has been returned to victims of crime, by way of compensation.”
