Most Expensive Assets Ever Seized by Police
In their fight against crime, governments will often seize cash, property and assets during criminal raids and you’d be amazed at the sort of things some criminals have in their possession. Here’s a list of some of the most expensive assets that have been seized in police raids along with some facts about the criminals who once possessed them.
A Golden Statue
In recent years, China has been cracking down on corruption by arresting numerous government officials and seizing their assets in large scale raids. It’s estimated that the anti-corruption watchdog branch of government as seized more than 37 billion yuan in cash and 37 billion yuan of assets, including 300 apartments, 60 vehicles and numerous antiques and collectibles, among which was rumored to be a solid gold statue of Chairman Mao that was seized from the home of a high ranking military officer in 2012.
An Irish Mansion
Irish policed seized the most expensive piece of UK real estate on the market back in 2011; a $123 million mega mansion called Updown Court, located just north of London. The house’s owner, Leslie Allen-Vercoe, was unsurprisingly unable to pay the $80 million mortgage and was forced to relinquish the house to Ireland’s National Asset Management Agency. Bigger than Buckingham Palace, Updown Court has a heated marble driveway, a bowling alley and five swimming pools.
Pablo Escobar’s Watch
The so-called “King of Cocaine,” Pablo Escobar was once the wealthiest criminal in history and had the watch to go with the title. The drug kingpin ruled Columbia for decades but was killed by U.S. narcotics agents in 1993, leading police to seize his properties and valuables. The Columbian government has been holding on to these assets, and in 2013 a $70,000 solid gold diamond encrusted Rolex once belonging to Escobar was sold at an auction for just $8,500.