Money seized from businessman turned over to gov't
A magistrate has ordered that just under $2 million that was seized from a businessman in 2010 should be forfeited to the Government.
The order was made in the Sutton Street Resident Magistrate Court on Thursday.
The police report that cash totalling $1.8 million was seized from 41-year-old Curtis Osbourne, also known as Chubby, during an operation carried out by members of the Transnational Crime and Narcotics Division (TCND).
The Financial Investigations Division was alerted and following a probe an application was made to have the money forfeited to the State through the Proceeds of Crime Act (POCA).
Director General of the FID Justin Felice praised the partnership approach between his agency and the police, saying it demonstrates a concerted effort to take the profit out of crime and enhance revenue collection that will better enable the Government to tackle organized crime.
WATCH: The Gleaner Minute