Forfeiture

Court orders forfeiture of $42,000 seized from 66-year-old man

An Arima Magistrate has ordered the forfeiture of $42,000 in cash, which was seized by officers, from the Arima home of a 66-year-old man on Monday 12th May, 2014, under the Proceeds of Crime Act, Section 38.

Following the seizure, Cpl (Ag.) Roger Boodoo, of the Financial Investigations Branch (FIB), conducted an investigation to determine the source and legitimacy of the money.

Upon completion of the probe, the investigators filed for a forfeiture application in the Arima Magistrates’ Court.