POLICE have used new unexplained wealth laws to take more than $500,000 worth of assets from the national president of the Nomads Outlaw Motorcycle Gang.
The president, a 32-year-old Kingston man, is facing court interstate after being arrested by ACT and NSW police in August for firearm and criminal group related offences.
Following his arrest, police restrained assets in the Batemans Bay region and in Kambah on Thursday (October 22).
Assets restrained under the “Confiscation of Criminal Assets Act 2003″ included three boats, three Harley Davidson motorcycles, a caravan and trailers.
Police also seized two cars during the arrest of the president in August.
Detective Superintendent Scott Moller says: “Our end game is that there’s no profit in crime in Canberra and our detectives are using these new unexplained wealth laws to make sure of that.
“It’s very clear when an offender doesn’t have the financial income to support their lifestyle,” he says.
“Removing assets limits offenders from re-investing money in illegal activities or expanding their wealth to commit more crime.
“This is a warning for anyone deriving any kind of gain from criminal activity – we’ll be pursuing you and your assets.
“Many offenders or crime syndicates may believe that once money has been invested in an asset such as property, that it’s safe. But we’ll prove that if you’re making money out of it, it’s not safe and we’ll be taking your house and anything else that may be connected to your criminal behaviour.
“This investigation is not over and I expect there will be further items including property that will be restrained in the future.”