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Drug dealer stripped of £551,000 in assets

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4/5,
  1. buseman
    [IMGL=black]https://www.drugs-forum.com/forum/picture.php?albumid=1242&pictureid=9921"][/IMGL]A jailed drug dealer from Bristol has been stripped of more than half a million pounds of assets - including his house, yacht and three flats.

    Damien Ramsey, 39, led an expensive lifestyle complete with designer jewellery and yachts - paid for by selling amounts of cocaine and cannabis.

    He even splashed out on a 10-man Jacuzzi which was installed in the back garden of his home in Bristol.

    When police raided Ramsey's house in April last year they uncovered a drugs factory including a haul of 30 cannabis plants with a street value of £12,000 and differing amounts of cocaine in a number of locations, including his car.

    An investigation found that Ramsey owned a £220,000 Fairline Phantom 40 yacht. Ramsey also had a knuckleduster and two cans of CS pepper spray.

    His luxurious lifestyle ended in August of last year when he was jailed for five years for a string of drug offences. He pleaded guilty to possession of cocaine with intent to supply, production of cannabis and stealing electricity.

    He also pleaded guilty to possessing offensive weapons, including two CS gas sprays and a knuckleduster.

    On Friday at Bristol Crown Court, Ramsey was ordered to repay £551,044.96 within six months. Judge Mark Horton made the order, with Ramsey's total available assets valued at £654,558.45.

    Kirstie Cogram, of Avon and Somerset Police's financial investigation unit, said: We are committed to seizing all assets that criminals have gained as a result of crime.

    It is not acceptable that criminals benefit from illegal activities and we will relentlessly pursue them through the courts to ensure their money is taken.

    By doing this we show criminals that they will not benefit from crime and hopefully deter others from entering a life of crime.

    Mon Oct 18, 2010
    http://www.sthelensreporter.co.uk:8...ealer_stripped_of_551_000_in_assets_1_2046474

Comments

  1. godztear
    Sounds like the offensive weapons where strictly weapons of self defense. Anyone can get a pair of "knuckledusters", as the article calls them or as more commonly known as Brass Knuckles, for the same price as a pack of cigarettes, let alone pepper spray.

    Seams kind of odd that they took so much from him even though the 30 plants totaled so low, how much cocaine or distribution was actually involved or was this just a case of making a point on the offenders behalf?
  2. Insomniacsdream
    I would guess that he was extremely rich with no way of showing where he got his money from so they presume, probably rightly, that it comes from drugs. Unlucky if he worked extremely hard cash in hand for most of what he owned.
  3. Revolvingdoo
    Doesn't really add up does it? Half a million for 3 flats, massive jacuzzi, a house and a yacht? Seems a bit cheap, or more likely the reporter is fairly confused?
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