Search

Convicted fraudster loses fight to keep his £460k flat in Kilburn

PUBLISHED: 18:05 19 October 2016 | UPDATED: 18:42 19 October 2016

Doherty bought a flat in Princess Road in Kilburn (Pic: Google)

Doherty bought a flat in Princess Road in Kilburn (Pic: Google)

Archant

A convicted fraudster has lost his fight to keep his £460,000 flat in Kilburn after a court ruled it was bought from the proceeds of his criminal activities.

Sean Martin Doherty was refused permission today to appeal against a High Court order for the property in Princess Road to be handed over to the National Crime Agency (NCA).

The court had heard the 59-year-old was serving a prison sentence for benefit fraud when he bought the flat for £55,000 in 1998 with a fraudulently obtained mortgage.

He had paid the five per cent deposit using his ill-gotten gains and used a false identity, supported by a fictitious reference and fake declarations of income.

There is an outstanding sum of £30,000 left to pay on the mortgage of the property which has rocketed in value by 700 per cent since he bought it.

Doherty had questioned the legality of NCA’s application using the Proceeds of Crime Act.

Stephanie Jeavons, deputy director for the NCA’s economic crime command, said: “Civil Recovery is a really effective way of denying criminals the benefit of their crimes, and that includes investments.

“The Proceeds of Crime Act allows the NCA to recover not just the original purchase price of the property but also the increase in the value of the property over the intervening years.”

Latest Kilburn & Brent News Stories

Saturday, May 27, 2017

A girl in her 20s has been shot dead in Kilburn.

Friday, May 26, 2017

Crowds enjoyed a party at a Kensal Green animal charity which raised £10,000 on the day.

Friday, May 26, 2017

A choir made up of children whose parents have died from either war or HIV Aids are to sing out in Cricklewood this weekend in a free concert.

Thursday, May 25, 2017

Two minutes silence will be observed in Wembley this morning in memory of those who died in Manchester’s terror attack.

Thursday, May 25, 2017

A Kenton hospice has thanked communities for their outpouring of donations after heartless vandals slashed the tyres and ripped off side mirrors of its delivery van.

Thursday, May 25, 2017

The director of a shisha café in Cricklewood is feeling the heat of tobacco offences after being fined more than £5,000 for flouting the law and operating illegally.

Thursday, May 25, 2017

Police are increasing the number of armed officers at Wembley Stadium this weekend ahead of the FA Cup Final between Arsenal and Chelsea.

Wednesday, May 24, 2017

A Dollis Hill accountant faces jail after stealing £110,000 to put up friends and family at the four-star hotel where he worked.

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now

Newsletter Sign Up

Sign up to receive our regular email newsletter

Most Read Kilburn News

Show Job Lists

Digital Edition

cover

Enjoy the
Brent & Kilburn Times
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now