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What are proceeds of crime?

  • Proceeds of crime include property that is acquired whether directly or indirectly as a consequence of a crime being carried out. Confiscation laws extend to property that is partly acquired as the result of a crime.
  • Asset confiscation laws put the onus on you to prove your property was obtained lawfully. In some states and territories police do not have to obtain a conviction before confiscating the property.
  • Proceeds of crime laws also require the recipient of a gift to show that the giver obtained it legally. This is to stop people evading asset seizure laws by passing wealth to their family friends or associates.

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