We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

NCA Can't Seize Assets In £6.5M Mortgage Fraud Suit

Law360, London (January 7, 2019, 11:48 PM GMT) -- A London judge has refused to let the National Crime Agency seize some £6.5 million ($8.3 million) in property in connection to an alleged mortgage fraud scheme involving a Hong Kong company, ruling that central questions tied to ownership and payment for the assets will have to be decided by a jury. 

Sitting as a High Court judge, Deputy Master Henrietta Hill QC on Friday shot down the NCA's bid to recover assets from Towerdene Estates Ltd. that the agency says is tied to a money laundering and mortgage fraud case. 

Although the agency had alleged that the properties were bought using criminal proceeds...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS