Edward Hayes LLP recently involved in Operation Devout Confiscation Proceedings in Northampton Crown Court where the client’s assets were said to be vast and hidden across the globe and total in excess of £23 million. Co defendants had received orders in excess of £150 million ! The benefit was finally alleged to be in excess of £24 million or 10 years in default ! The Crown’s team was headed by Sir Derek Spencer QC who is one of the most senior and specialised counsel in the country instructed by HMRC to deal with VAT and MTIC fraud and Proceeds of Crime Cases. After 7 years of hard fought litigation the Edward Hayes LLP defence team were able to reduce the benefit figure to a mere £150,000.A saving of over £23.75 million and 7.5 years saved in default!