Convicted criminal from Peterborough ordered to pay back crime profits

Mon 17th, Sep

Nerijus Ilgavyzis from Peterborough, currently in prison for money laundering and drug dealing, has been ordered to pay back more than £137,000

A man from Peterborough, who is currently serving a prison sentence for money laundering and drug dealing, has been ordered to pay back more than £137,000 of the money he accumulated through criminality. Nerijus Ilgavyzis, 45, of Lincoln Road, was convicted in November 2016 and later jailed for eight-and-a-half years after police discovered drugs, firearms and cash hidden beneath the floorboards of his home. Following an investigation by the Eastern Region Special Operation Unit’s (ERSOU) regional economic crime unit, a Proceeds of Crime Act (POCA) confiscation order in the sum of £137,285.24 was made against Ilgavyzis at a hearing at Peterborough Crown Court on Thursday (13 September). He was ordered to satisfy the Confiscation Order within 28 days, or face a default sentence of six months in prison. Detective Inspector Rob Turner from ERSOU’S Regional Economic Crime Unit, said: “By using the POCA legislation against those who commit crime and cause misery in our communities, we are able to strip them of the very thing that motivated them into their criminal lifestyle. “By working alongside our colleagues in Cambridgeshire Constabulary, we have ensured that Ilgavyzis will serve his sentence in the knowledge that the wealth he had accrued is no longer available to him. “This has been a highly satisfying outcome and, once more, reinforces the message that crime does not pay.”