Benos, R. v [2019] EWCA Crim 1093 (14 June 2019)

Benos, R. v [2019] EWCA Crim 1093 (14 June 2019)

The appellant held an equitable interest in St Vincent Street subject to the mortgage charge, as the deeds transferred beneficial ownership to him. The value of that interest was properly included in the available assets for the purposes of the confiscation proceedings under the Proceeds of Crime Act 2002.

Citation
[2019] EWCA Crim 1093
Parties
Appellant: Gavin Vasiouos Benos; Respondent: Regina (The Crown)
Jurisdiction
England and Wales
Judgment Date
14 June 2019
Procedural Posture
Criminal Appeal / Appeal Against Confiscation Order
Outcome
Appeal dismissed
Legal Topics
Proceeds of Crime, Equitable Interest, Confiscation Proceedings, Will Variation, Beneficial Ownership

Case Brief

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Parties

Gavin Vasiouos Benos

Appellant

Regina (The Crown)

Respondent

Procedural Posture

Criminal Appeal / Appeal Against Confiscation Order

  1. 1 Whether the appellant held an equitable interest in St Vincent Street for the purposes of the Proceeds of Crime Act 2002
  2. 2 Whether the deeds executed constituted a transfer of beneficial ownership subject to the mortgage charge
  3. 3 Effect of section 142 of the Inheritance Tax Act 1984 on the variation of the will

Ratio Decidendi

The appellant held an equitable interest in St Vincent Street subject to the mortgage charge, as the deeds transferred beneficial ownership to him. The value of that interest was properly included in the available assets for the purposes of the confiscation proceedings under the Proceeds of Crime Act 2002.

Court Disposition

Appeal dismissed

Orders

  • Confiscation order in the sum of £43,344.01 upheld