Suffolk fraudster Kankamol Albon's handbags raise £60,000
- 30 August 2013
- From the section Suffolk
Police are "very pleased" with an auction of a fraudster's designer accessories, despite raising less than a third of what was expected.
Kankamol Albon, 42, was convicted last year of a fraud involving the sale of prestige cars from her Smallbridge Hall home, near Bures, Suffolk.
The handbags, shoes and clothes seized raised more than £60,000.
Police had estimated a figure of about £200,000 and said they would "continue to pursue money" from Albon's estate.
Albon was investigated after she alleged she had been blackmailed into selling hundreds of prestige cars from her family-run business, N A Carriage Company, for less than the market value.
However, inquiries showed this was a smokescreen for criminal acts including a fraudulent investment operation, leading to the loss of £7.5m.
She also claimed £1.8m VAT from sales of vehicles overseas but officers discovered these cars had never been purchased and there was no evidence of any exports.
Albon was sentenced to six years in jail last October after pleading guilty to fraud by false misrepresentation, fraudulent trading and theft, plus VAT fraud.
She was ordered to hand over the contents of her bank accounts and a BMW car under the Proceeds of Crime Act 2002 during a hearing at Ipswich Crown Court in July.
On Thursday, the Joint Suffolk and Norfolk Economic Crime Unit offered her collection of designer items, from fashion houses such as Chanel and Christian Dior, seized during the initial investigation.
Suffolk Police said the amount raised from the auction at Swardston Village Hall, in Norfolk, is still being totalled but the force was "looking at in excess of £63,000".
The most expensive Chanel handbag sold for £1,325, with other handbags of that make sold for between £700 and £1,050. Mulberry handbags sold for between £400 and £800.
Det Con Ady Finbow said: "We were very pleased with how the auction went, buyers came from far and wide, including dealers from London."