This convicted drug dealer / money launderer has been ordered to pay back more than £110K of ill-gotten gains.
Jacqueline Davies, from Trealaw, Tonypandy, was handed a two-year jail term in July 2024, after she was found guilty of being concerned in the supply of cocaine and being concerned in an arrangement to facilitate acquisition or control of criminal property
Jacqueline and Byron Davies from Caerphilly helped in laundering large amounts of criminal money for their sons.
But our financial investigators told a Proceeds of Crime Act (POCA) hearing this week that the 61-year-old had benefitted from her criminal actions by £199K and a confiscation order was made in that amount. She had available assets totalling £112.490.43, which she was ordered to pay back
Byron Davies who was given a one year and seven month suspended sentence in July 2024 for being concerned in an arrangement to facilitate acquisition or control of criminal property, benefitting the amount of £26,250.13 from his criminal actions and a confiscation order was made in that amount. He had available assets totalling £6,000, which he was ordered to pay back.
