This week the SFO has recovered nearly £18.4 million from two high-profile fraudsters in order to satisfy outstanding high value confiscation and compensation orders. The recoveries result from the sale of two properties in London.
A former company director sentenced to prison as a result of a joint Serious Fraud Office and Greater Manchester Police investigation has been arrested by the South African authorities and is today facing extradition proceedings after having fled the UK.
Brian O'Brien, a convicted fraudster, was sent to prison today for an additional four years' by Westminster Magistrates' Court for failure to pay his confiscation order. In April 2012, following his extradition from the USA, O'Brien was convicted after trial for his involvement in a £4 million fraud.