Assets Recovery Agency

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Assets Recovery Agency

an independent non-ministerial body which reports to the Home Secretary. It is charged with disrupting organized criminal enterprises through the recovery of criminal assets, thereby alleviating the effects of crime on communities. It seeks to promote the use of financial investigation as an integral part of criminal investigation. So it may apply to obtain ownership of a drug dealer's house. Funds equivalent to the amounts recovered are allocated to fighting crime.
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He was given a community penalty, and an investigation by the Asset Recovery Agency was launched to find out how much money he made from his scam.
The ECU works closely with the Regional Asset Recovery Team (RART), the Asset Recovery Agency (ARA) and the Crown Prosecution Service in seizing the assets of criminals.
As the Government's Asset Recovery Agency comes under fire for failing to seize more cash than it costs to run the organisation, new figures have shown that in the North-East criminals were stripped of pounds 1.
But a further court ruling yesterday stipulated this did not prevent the Government's Asset Recovery Agency pursuing Singh through civil courts.
They have now been auctioned off by the Asset Recovery Agency, raising pounds 1,700 for Victim Support.
A survey on behalf of the National Asset Recovery Agency says that one in five people in the north west believed they knew someone living off the proceeds of crime, compared with one in seven people nationwide.
A combination of human rights legislation and the failure of the Government to give the Asset Recovery Agency adequate teeth means it is costing us four times as much to run as it recovers.
They have been auctioned off by the Asset Recovery Agency, raising pounds 1,700 for Victim Support.
Now, police have confirmed she will not be getting the items and they are in the hands of the Asset Recovery agency.