Since the introduction of the 2002 Federal law against profits from the proceeds of crime, there has been sustained efforts by authorities to ensure that as few criminals as possible are positioned to profit from their crimes. An example of this occurred in 2007 when $50 million asset portfolio of one of victoria’s biggest criminal syndicates was seized by the state after investigation by the Purana taskforce. The money man of the syndicate tried to profit by selling his horse Pillar of Hercules for $1.5 million. This capital was seized under the Act
Another controversial case of criminals endeavouring to profit from their crimes is the case of the drug baron Tony Mokbel. “Fat Tony” made millions of dollars through drugs and fraud. When he was arrested in 2005, Mokbel placed his house as bail surety before fleeing to Greece. Under the confiscation act the house was seized by the state and was eventually sold. However, Mokbel had managed to pass money over to his wife and family paid to them by his company. It was declared that the police would not be taking back the money despite it being clearly the proceeds from crime. There was an outcry from the families and friends who had lost family members from drugs as they saw this as an injustice. This is a loophole that must be addressed as by this method criminals can profit by crime. Some claim it is difficult to prove that the money was proceeds from crime and not by work related income. However, When Mokbel has assets worth $15 million and declaring weekly wages of $160 to the tax department, there is something amiss.
However, the case of the criminal who become a cult figure highlighted that individuals can get away with profits from crime if they had market themselves as Chopper Reid did. Along with football eccentric Mark Jackson, he travelled Australia giving talks about his adventure and course this included a tally of 19 murder victims. Chopper always professed that he only killed criminals. Reid sold CD’s, Chopper t-shirts and chopper board games about criminal fantasies. So in Reid’s case, he cashed in on his criminal cult status. This is a sorry state of affairs when a criminal achieves celebrity status.
There has been speculation as to how confiscated money should be spent and this in itself is a reason to ensure that criminals do not profit from their crimes. To this end Western Australia has set the pattern with its use of confiscated money. In 2013, $1.8million was seized from the confiscation of criminal assets and this went to worthy causes. The upshot of this is if the Federal government designates special projects for criminal money there and will be great effort to establish that any money gained by criminals Is denied them to ensure that they do not profit. Thus, it patently obvious that criminals must be placed in a position where there is no chance of profits what so ever from their crimes. We as a nation cannot let this happen and the message must be sent loud and clear to criminals.