Ill-gotten gains to go under the hammer
SCORES of luxury items seized from gangland crime bosses will go under the hammer tonight in an auction of gangster bling.
Wilson's Auctions at Mallusk, Co Antrim, are managing the sale of items, including, high value watches, vintage designer jewellery and high performance cars.
The most unusual item for sale is a unique piece of art by artist Carrie Reichardt, well known for her highly political work that usually sells for around £2500.
Riot Here, Riot Now, features the union flag painted onto a Ford car bonnet and was removed from a gangster by organised crime forces in England, the artwork previously featured in the BBC show Ill Gotten Gains.
All the assets for sale in Wilson's today were removed from criminals in other jurisdictions across Britain. Assets removed in Northern Ireland are similarly sold off by auction houses in England in line with legislation.
All the revenue raised in channelled back into fighting organised crime.
Previous monthly auctions have featured yachts and even private planes.
Today's auction features an ostentatious £60,000 diamond encrusted Rolex watch and a number of items of high cost jewellery by Gucci and Cartier, including a £32,000 platinum, limited edition bracelet.
Also going under the hammer is an ice blue customised Mercedes Benz SLK 250 Sport and a £21,000 BMW X6.
Wilsons Auctions' Group Asset Recovery Manager, Aidan Larkin said, "Wilsons Auctions is proud to facilitate government auctions each month.
"The role we play in realising these important assets is vital to our clients and the process in being able to raise the money which ultimately goes straight back into the public purse.
"To date we have been responsible for returning in excess of £80 million to government coffers. Items include government repossessed assets and proceeds of crime related assets, all of which are sold to the highest bidder with no reserve", he added.
For further information go to www.wilsonsauctions.com.