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Drug Dealer Lost $25k, Funds Anti-Violence Programs

Drug Dealer Lost $25k, Funds Anti-Violence Programs

Published 2 weeks ago
Description

Joseph Jacobs, a Rotorua drug dealer, lost over $25,000 in cash after a court ruled it as crime proceeds. The money was seized under New Zealands Criminal Proceeds Recovery Act following two house visits. Police found the cash stashed in bags, pockets, and his car. The High Court judge deemed the money tainted, as Jacobs lifestyle didnt match legitimate income. In the Bay of Plenty, police stripped criminals of at least $1.6 million in assets over the past year. Nationwide, $95 million in assets have been restrained, with over $22 million forfeited so far. The recovered cash funds anti-violence programs like drug rehab.

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