Man jailed for role in £34m cocaine smuggling operation told to hand over more than £400,000
An unemployed man jailed last year for his role in a £34 million cocaine smuggling operation has been ordered by a judge to hand over more than £400,000.
Frederick Colverson, 57, who was sentenced to 25 years imprisonment, was detained following Suffolk Police’s biggest ever seizure of class A drugs at a warehouse in Brandon.
Officers, working in conjunction with HM Revenue and Customs and the UK Border Agency, uncovered 174 kilogrammes of high-purity cocaine hidden in the bottom of boxes of pineapples.
The raid in October 2011 took place after the consignment of fruit imported from Costa Rica arrived at the warehouse in Highbury Road, Brandon.
Today (Thursday) Colverson, of Tower Hamlets, London was brought back to Ipswich Crown Court for a Proceeds of Crime Act hearing designed to recoup as much of what he gained from his offending.
The court heard that specialist financial investigators had established that Colverson had benefited by £2.6 million from the drug smuggling operation.
The investigation also revealed that Colverson had assets amounting to £407,683 which Judge John Devaux ordered should be handed over within the next six months.
Colverson was warned by Judge Devaux that failure to comply with that deadline would result in four years being added to his prison sentence.
He was found guilty of conspiracy to supply class A drugs. The court had heard that his fingerprints were found at the warehouse in Brandon and incriminating documents at his home.