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29 August 2013, 06:00 | Updated: 29 August 2013, 07:16
A woman’s collection of designer handbags, shoes and clothes are being auctioned off to help raise funds she had been ordered to pay under the Proceeds of Crime Act, following her convicted for fraud.
After a lengthy investigation by the Joint Suffolk and Norfolk Economic Crime Unit Kankamol Albon was convicted in October 2012 of a ‘Ponzi’ type fraud involving the sale of prestige cars from her home at Smallbridge Hall in Suffolk where losses exceeded £9.2million. She was sentenced to six years imprisonment.
Following her conviction Albon became the subject of an order under the Proceeds of Crime Act 2002 made by HHJ Overbury at Ipswich Crown Court in July 2013. During the hearing she was ordered to hand over the contents of her bank accounts and a BMW car.
The Joint Suffolk and Norfolk Economic Crime Unit are now looking to sell the large and rare collection of designer items from manufacturers such as Chanel and Christian Dior that represent Albon’s personal assets that were seized during the course of the initial investigation.
The auction, which is being held at 6pm at Swardston Village Hall, Norfolk tomorrow, Thursday 29th August, includes many ‘vintage’ items that appear to have had little use and has already attracted the attention of many London based fashion businesses. It is hoped that the auction of nearly 200 handbags and items of clothing will raise in the region of £200,000.
DC Ady Finbow from Suffolk Police Economic Crime Unit, who led the investigation, said:
“This case underlines the lengths that we will go to ensure that those people that seek to enjoy a lifestyle funded by crime will not be tolerated, and as in this case we will do all that we can to strip them of the very things that motivated them to engage in crime in the first instance.”