Oral Answers to Questions Debate
Full Debate: Read Full DebateRachel Hopkins
Main Page: Rachel Hopkins (Labour - Luton South and South Bedfordshire)Department Debates - View all Rachel Hopkins's debates with the Department for Environment, Food and Rural Affairs
(1 day, 11 hours ago)
Commons ChamberSince April 2020, the SFO has recovered over £550 million from criminals for the UK taxpayer, but this Government want to go further and are investing millions in expanding the SFO’s capabilities. Under our plan for change, we will crack down on fraud and ensure that crime does not pay.
I welcome the Serious Fraud Office’s first use of an unexplained wealth order to return more than £1 million that had been stolen from the public. How will the Solicitor General support efforts to expand the use of unexplained wealth orders to target those criminals who have defrauded innocent victims?
On 9 September, the Serious Fraud Office secured £1.1 million from the sale of a Lake district house in an investigation involving its first use of an unexplained wealth order, connected to the assets of the wife of convicted fraudster Timothy Schools. This innovative use of the legislation showcases the SFO’s resolve to pursue criminal assets wherever they are hidden and explore new methods to recover funds for victims and the public purse.