Cannabis dealer Derek Low loses £242,000 crime cash
- 27 August 2014
- From the section Glasgow & West Scotland
A convicted cannabis dealer has been ordered to hand over £242,514 in assets under proceeds of crime legislation.
Derek Low, 34, from Glasgow, was caught with £191,190 in cash and 78 knotted bags of cannabis, worth about £4,600, at his home in May 2013.
He later admitted being concerned in the supply of drugs and was jailed for four-and-a-half years.
The Crown was granted the right to seize £440,000 after it emerged that was the extent of his likely profit.
Procurator fiscal Lindsey Miller said: "Low's total criminal benefit over the six years prior to his arrest was calculated by our expert financial analysts to be £440,000, and today we have secured confiscation of all his available assets, which total £242,514.
"If further assets are uncovered in future, we can apply to the court to raise the confiscation order up to the level of the total criminal benefit."
The confiscation order was granted at the High Court in Edinburgh.