Proceeds of crime jewellery to be sold at South Yorkshire auction

Jewellery seized by police under Proceeds of Crime
Jewellery seized by police under Proceeds of Crime

An extensive quantity of jewellery seized under the Proceeds of Crime Act is set to go on sale at Sheffield Auction Gallery.

Jewellery set to go on sale includes designer watches, diamond rings and even a solid gold baby’s dummy.

The seizure, from a South Yorkshire man convicted of tax evasion offences, was the result of a joint operation between HMRC and South Yorkshire Police.

The jewellery, taken from the man at the time of his arrest, has been deemed an asset that should be sold to pay back some of the £26m it is estimated he and his associates made from their crimes.

Graham Wragg, Fraud Manager for South Yorkshire Police, said: “Both South Yorkshire Police and HMRC had an interest in this individual and worked in partnership to secure his conviction.

“The courts have ordered he should realise all his available assets to repay his benefit from crime and to ensure that he does not profit in any way from his offending.”

Sarah Clark, specialist jewellery valuer at the auction house off Chesterfield Road in Heeley, has worked closely with Mr Wragg to catalogue the lots.

Elizabeth Dashper, director of Sheffield Auction Gallery, said: “It is unusual to find such an impressive collection of luxury items entered as a single consignment and we are pleased to be able to assist South Yorkshire Police in maximising the potential sale value.”

The auction will begin at 10am on Friday, March 21, at Sheffield Auction Gallery.