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Convicted drug dealer ordered to pay back £60,000

- The City of London Police and the Crown Prosecution Service instigated financial investigation after man’s conviction
- Man was caught with several wraps of cocaine, and more was found at his house following search warrant
- £60,000 needs to be paid within three months or he faces another year imprisonment

A man jailed last year for possession with intent to supply cocaine has now been ordered to pay over £60,000 for the benefit of his crime, following a financial investigation by the City of London Police’s Financial Investigation Unit (FIU) and the Crown Prosecution Service (CPS).

Marcus Blackwood, 36, of Albermarle Road, Beckenham was stopped by plain clothes officers on Thursday 11 February 2016 at approximately 21:15hrs and was found with 10 wraps of cocaine. A subsequent search warrant was carried out at his house where there was in excess of 350 grams of cocaine found as well as a further 12 wraps, all worth a total of £24,000.

Blackwood pleaded guilty to the crime and on 31 May 2017 was sentenced at the Old Bailey to serve four years in prison.

After his conviction, confiscation proceedings were instigated by the City of London Police and the CPS – they discovered that Blackwood had not declared any taxable income since 2009, but from March 2012 to March 2016, he had received over £35,000 in cash payments in addition to funds from third parties and income from a property in Liverpool.

The case was heard at the Old Bailey on 1 November 2017 and a confiscation order under the Proceeds of Crime Act was granted against Blackwood.

The City of London Police and the CPS came to an agreement with Blackwood’s legal team and he was ordered to pay £62,490 within three months or would face an additional 12 months on top of his current sentence. Blackwood could be forced to sell his home in order to pay the order which will remain open until such time as it is fully satisfied. 

City of London Police’s Detective Constable Kieron Vaughan, who led the investigation for FIU, said:

“We’re pleased that Blackwood is not only serving time in prison but is now also having to pay back the money that he gained illegally.

"The City of London Police has a zero tolerance to drugs being used or sold in the City and we hope this serves as a warning to anyone else involved in this criminal activity that crime does not pay.”

Jonathan Storer, from the Crown Prosecution Service, said:

“Following his conviction for dealing drugs, the CPS and the City of London Police’s Financial Investigation Unit examined Marcus Blackwood’s finances in order to recover as much money as possible for the taxpayer.

“The CPS is clear that criminals should not be allowed to benefit from their illegal lifestyles and, as in this case, we will always seek to reclaim assets to the fullest extent of the law.”

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