Dealer told to pay extra £146,000 on top of original £154,000 order for clocking cars

Further investigation found he had paid the original confiscation order of £154,000 with hidden assets

Dealer told to pay extra £146,000 on top of original £154,000 order for clocking cars
Image: Bigstock.

A car dealer convicted of selling clocked vehicles 11 years ago has been told to pay an extra £146,000 in assets on top of £154,000 he was originally ordered to hand over.

Akif Rashid Butt will pay back the extra money after a National Crime Agency (NCA) financial investigation found that he had paid the original confiscation order of £154,000 with hidden assets.

The 52-year-old was originally arrested back in 2006 when he was found to have been purchasing high mileage cars, and having the mileage significantly reduced so that he could sell them at a higher price to unaware customers.

Related: Ex-employee who set fire to garage while drunk given suspended prison sentence

Mr Butt had been “clocking” vehicles between May and September in 2005.

He pleaded guilty to 15 offences relating to 12 clocked vehicles, and received six months imprisonment and a Confiscation Order to forfeit the proceeds of his crimes.

The Assets Recovery Agency (ARA) carried out the confiscation investigation, which assessed a criminal benefit total of £890,471.80.

Mr Butt was ordered to pay £154,000 of that amount in 2009, which was based on his assessed available assets across three properties and £5,000 in his bank account.

Related: Valeter jailed for stealing three cars from dealership

A financial investigation by the NCA’s Asset Confiscation Enforcement team identified that, despite paying the required sum, Mr Butt had still retained assets on which the original confiscation order was based.

Mr Butt had forfeited interest in one property to the value of £50,000, but retained the other two properties assessed for the order, with equity valued at £98,930 at the time.

The confiscation order had been paid with other funds.

Mr Butt accepted at a hearing at Bradford Crown Court on Friday, November 13, that the available amount in the confiscation order granted in 2009 be increased to £300,000, in light of his retention of property and the uncovering of new assets.

Related: Technician jailed after lying about girlfriend’s death to dodge driving ban

Andy Lewis, head of asset denial at the NCA, said: “Over ten years had passed since Mr Butt was served his initial confiscation order, and it’s likely he thought that he had got away with retaining assets subject of the original confiscation order.

“This should serve as a reminder to criminals that there is a debt to be paid for criminal activity, and the NCA are relentless in their pursuit of criminal assets.”

Home Page Forums Dealer told to pay extra £146,000 on top of original £154,000 order for clocking cars

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    A car dealer convicted of selling clocked vehicles 11 years ago has been told to pay an extra £146,000 in assets on top of £154,000 he was originally
    [See the full post at: Dealer told to pay extra £146,000 on top of original £154,000 order for clocking cars]

    #204246 Reply
    Meat-Head
    Participant

    Most odd. You only just to have a look around the internet
    To find lots and lots of cars have incorrect mileage.

    Quite often cars less than a year old. My advice would be to
    Back up the milage of your car often, then if you find it incorrect
    And the milage has jumped higher than it should at least you have a backup

    That way saves manually editing 16 locations in and eeprom and having issues with the check sum. If you ever find your self stuck with check sum try 00 00.

    For those car ‘designers’ eg BMW you could at least just put a 93C06
    EEPROM in DIL socket holder on back of clocks, then have a second back up eeprom
    On a circuit that is isolated until after 30 seconds of engine running.

    That way if the milage does become in correct you can get it very close to the correct milage.

    Even your volvo with milage in doors & merc with milage in sests and battery terminals get incorrect.

    To reset milage in battery terminal on merc, disconnect with engine running.

    Tags

    Haircut100 meat cars

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