A Durham-based property developer has agreed to hand over assets worth £850,000 to settle a civil recovery and tax claim brought by the NCA which was based on his alleged involvement in drug trafficking, money laundering and tax evasion.
The order relates to four residential rental properties, a plot of land and the remaining proceeds of a house sale held in a bank account in Ronald Morton's name.
The NCA’s case was that the property was obtained with the proceeds of Mr Morton’s unlawful conduct and was therefore recoverable property. The NCA alleged that Mr Morton was involved in the long-term supply of cont...