Proceeds of crime - can a house be taken away from you?

HugoSP

SquatNow wrote: »

Get your daughter to do an experian check just in case.

If he was taking his employers for a ride, and credit card offers etc turned up in your daughter name, he might have taken her for a ride too.

It's unlikely, but at £2 for the experian check it's definately worth doing just in case.

Good call!

If she goes via quidco she can get their free 30 day trial that gives an up to date list of credit companies she's dealing with. She also gets £6 into her quido account

Just remember to cancel the experien account before the 30 days is up.

As for your daughter's involvement, she acted perfectly legally and sold the house to a buyer in good faith. As the others have said, the house that she sold may be seized to recover losses resulting from the fraud in question, but as it is no longer your daughters house then she needn't worry. Indeed if she feels nostalgic then she may have the opportunity to buy it back cheap

Perhaps the closest analagy is a reposession for default or mortgage fraud. The lender would simply reposess the house that this person bought from your daughter. Since your daughter has already sold her interest in the property she cannot possibly lose out. She is now settled in her new place.

The only possible avenue they would have is if they felt it likely that your daughter was party to this fraud or had good reason to know the money was stolen. This would be impossible to prove as it is not true. Even if it were then the first call to pay back the money would still be with the buyer.

Your daughter would have no more reason to worry as I would if I found out the lady who bought our last house defaulted on her mortgage.

Ian_W

I don't think I need to add "ditto" to the others [and your solicitors] comments but I did think the "mitigation" was highly amusing ...

In mitigation, his solicitor said he got into financial trouble after buying a (ie my daughter's) house, and that some of the stolen money had been used for that purchase.

Think about it ... he got into financial trouble AFTER buying the house - so he stole the money to buy the house before he had financial problems! :rolleyes: Not much mitigation there then! :rotfl:

simpywimpy

if they were interested (Police) they would have been in touch way before the matter went to court so I would definately rest easy

jonewer

Bit of topic but, my word POCA is a fine piece of legislation!