Leeds man jailed for money laundering has more than £335,000 confiscated by police

A Leeds man has been jailed for money laundering and had more than £350,000 confiscated by police.

Tuesday, 23rd March 2021, 12:46 pm
Updated Tuesday, 23rd March 2021, 4:34 pm

Kane Dacosta, 29, Oulton was released from prison on licence on July 30, 2020 after serving a sentence for drugs offences and money laundering.

He was arrested again on September 23, 2020 on suspicion of money laundering and possession of a mobile phone in prison.

The offences related to the purchase of one high value vehicle, having the mobile phone in prison and in respect of property recovered from his house.

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Kane Dacosta, 29, Oulton, was jailed for four years and nine months.

He was recalled to prison.

Dacosta admitted the offences on 29th October 2020

He was sentenced to four years and nine months in prison at Leeds Crown Court on Tuesday, March 23.

He also had a total of £335,000 worth of assets seized.

The total includes over £200,000 worth of jewellery, £94,644 worth of vehicles, more than £34,000 in clothing, nearly £19,000 in footwear.

Ramona Senior is in charge of the Force’s Economic Crime Unit. “Through Programme Precision we have continued to pursue Dacosta and today he is not only facing up to a considerable amount of time in prison but also seeing his ill-gotten gains taken away from him.

“Through Programme Precision the Force is working with partners to target serious and organised crime and those responsible for it.

“Today’s sentence and confiscation shows that we will bring offenders to justice and ensure their ill-gotten gains are taken from them.”

Confiscation hearing timetable has been set and will take place at a later date.

The high value items and the vehicle has been forfeiture and will be sold.