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Police seize £180k of Andrew Tate's Aston Martin supercar deposit
Police seize £180k of Andrew Tate's Aston Martin supercar deposit

BBC News

timea day ago

  • Business
  • BBC News

Police seize £180k of Andrew Tate's Aston Martin supercar deposit

A total of £180,000 has been seized by Devon and Cornwall Police from Andrew Tate over a deposit he placed on an Aston Martin Magistrates' Court heard on Thursday the controversial British-American influencer paid the deposit for a special-edition Valhalla vehicle in 2021. The cash came from tax evasion and money laundering, the force said, which obtained account freezing and forfeiture orders under the Proceeds of Crime Act. Tate and his brother Tristan did not oppose the sum can be added to the £2.7m of funds seized from the brothers by the force in December 2024 after the same court ruled they failed to pay tax on £21m of revenue from online businesses. Some of the revenue in that case was directly linked by detectives to allegations of human trafficking that the brothers face in Romania. Sarah Clarke KC, on behalf of Devon and Cornwall Police, told the judge on Thursday that the funds used to pay the supercar deposit were the proceeds of tax and VAT evasion and money said funds deposited with Aston Martin originally came from a Coinbase cryptocurrency account, which had held multiple cryptocurrencies purchased with funds derived from the Tate brothers' business tax or VAT had been paid on the funds, she added. Det Supt Jon Bancroft, of Devon and Cornwall Police, said: "This latest judgement follows on from our applications made against the Tate brothers which resulted in a successful ruling in December 2024 and the forfeiture of nearly £2.7m of criminal funds."From the outset we aimed to demonstrate that Andrew and Tristan Tate evaded their tax obligations and laundered money. We succeeded in doing exactly that and we have succeeded again this week."People in Devon and Cornwall will benefit from the money seized and it will be reinvested to help prevent crime, aid victims and vulnerable people, and to boost good causes."He added the outcome showed how the police would continue to "relentlessly pursue all criminal funds without fear or favour".

Police seize £180,000 Aston Martin deposit from Andrew Tate
Police seize £180,000 Aston Martin deposit from Andrew Tate

Yahoo

time2 days ago

  • Business
  • Yahoo

Police seize £180,000 Aston Martin deposit from Andrew Tate

Police have seized £180,000 from Andrew Tate after a court heard he paid the money for a special edition Aston Martin through tax evasion and money laundering. Devon and Cornwall Police obtained account freezing and forfeiture orders at Westminster Magistrates' Court for the Valhalla supercar deposit. The funds add to almost £2.7m of criminal assets seized from Mr Tate and his brother Tristan, since December 2024. The police action was submitted to the court on the same basis as previous applications made by the force last year. At that time, Judge Goldspring said in his judgment that he was satisfied of the "overall criminality of deliberate and dishonest cheat of the revenue". He added that the Tate brothers had "engaged in long-standing conduct to evade their tax". The pair had not opposed the latest account freezing and forfeiture orders, the police statement said. Sarah Clarke KC, representing Devon and Cornwall Police, told the court the funds deposited with Aston Martin originally came from a Coinbase cryptocurrency account. The account held multiple cryptocurrencies purchased with funds derived from the Tate brothers' business activities. No tax or VAT had been paid on the funds, which had been laundered through the bank accounts that were the subject of the previous applications, the court heard. Detective Superintendent Jon Bancroft said: 'This latest judgement follows on from our applications made against the Tate brothers, which resulted in a successful ruling in December 2024 and the forfeiture of nearly £2.7 million of criminal funds. 'From the outset, we aimed to demonstrate that Andrew and Tristan Tate evaded their tax obligations and laundered money. We succeeded in doing exactly that and we have succeeded again this week. 'This further successful outcome shows how we will relentlessly pursue all criminal funds without fear or favour. In a statement, the force said the money would be distributed in line with the Proceeds of Crime Act and would benefit communities, victims of crime and vulnerable people, while the Treasury would receive 50 per cent to be spent on public services. Mr Tate, a former professional kickboxer, faces a civil trial at the High Court next summer over claims of rape and sexual violence brought by four women. He and his brother are also facing prosecution in Romania over allegations of trafficking minors, sexual intercourse with a minor and money laundering. Solve the daily Crossword

Andrew Tate's £180k deposit on Aston Martin Valhalla seized by police
Andrew Tate's £180k deposit on Aston Martin Valhalla seized by police

The Sun

time2 days ago

  • The Sun

Andrew Tate's £180k deposit on Aston Martin Valhalla seized by police

ANDREW Tate's £180,000 deposit on a supercar has been seized by police. The social media influencer, who has been charged with rape and human trafficking, put a down payment on an Aston Martin Valhalla in July 2021, officers said. An early version of the £850,000 limited-edition model appeared in Bond film No Time to Die. Devon and Cornwall Police said cash used to pay the deposit came from tax evasion and money laundering. It comes after £2.7million worth of criminal assets were seized from Tate and his brother Tristan last December. Police obtained account freezing and forfeiture orders at Westminster magistrates' court earlier this week. Det Supt Jon Bancroft said: 'This latest judgement follows on from our applications made against the Tate brothers which resulted in a successful ruling in December 2024 and the forfeiture of nearly £2.7 million of criminal funds. 'From the outset we aimed to demonstrate that Andrew and Tristan Tate evaded their tax obligations and laundered money. 'People in Devon and Cornwall will benefit from the money seized and it will be reinvested to help prevent crime, aid victims and vulnerable people, and to boost good causes.' 1

Andrew Tate's £180,000 deposit for Aston Martin 'Bond' supercar seized by police
Andrew Tate's £180,000 deposit for Aston Martin 'Bond' supercar seized by police

Daily Mail​

time2 days ago

  • Daily Mail​

Andrew Tate's £180,000 deposit for Aston Martin 'Bond' supercar seized by police

Andrew Tate has had £180,000 he used as a deposit for an Aston Martin supercar seized by police. The controversial social media influencer paid the sum towards the £850,000 special edition Valhalla in July 2021. A version of the car appeared in the James Bond film No Time To Die. But the cash came from tax evasion and money laundering, Devon and Cornwall Police said. The six-figure sum can be added to the near £3 million of criminal funds seized in 2024 from self-proclaimed misogynist Tate and his brother Tristan. Police obtained account freezing and forfeiture orders at Westminster Magistrates' Court this week. The Tates did not oppose the orders. Half of the funds can be distributed to good causes by the force, while the Treasury will receive the other half. The cash deposited with Aston Martin originally came from a crypto-currency account, police said. No tax or VAT had ever been paid on these funds. Detective Superintendent Jon Bancroft said: 'This latest judgment follows on from our applications made against the Tate brothers which resulted in a successful ruling in December 2024 and the forfeiture of nearly £2.7 million of criminal funds. 'People in Devon and Cornwall will benefit from the money seized and it will be reinvested to help prevent crime, aid victims and vulnerable people, and to boost good causes.'

UK police seize Andrew Tate's $240,000 Aston Martin deposit
UK police seize Andrew Tate's $240,000 Aston Martin deposit

Al Arabiya

time2 days ago

  • Al Arabiya

UK police seize Andrew Tate's $240,000 Aston Martin deposit

UK police said Friday they had seized a £180,000 ($240,000) deposit misogynist influencer Andrew Tate put down on an Aston Martin supercar amid allegations of unpaid taxes and money laundering. The amount paid towards the Aston Martin Valhalla car will be added to a pot of £2.7 million already seized from Andrew Tate and his brother Tristan in December 2024. Devon and Cornwall police in southwest England last year won a legal bid to seize the deposit, paid by Andrew Tate in July 2021 from a cryptocurrency account. The Tate brothers did not oppose the police's decision to pursue the funds, half of which can now be distributed to 'good causes' while the other half will be spent on public services. A London court was told the funds used to pay the deposit 'were the proceeds of tax and VAT evasion and money laundering,' according to a statement by the police. Passing judgement in the civil fraud case last year, Judge Paul Goldspring, who also presided over the latest order, said the influencer brothers, who have millions of followers on social media, had 'engaged in long-standing conduct to evade their tax.' Andrew Tate often boasts online about his multi-million-dollar supercar collection, which forms a key part of his persona promoting toxic masculinity and hustle culture. In an X post earlier this month, he claimed to own 93 cars. He moved to Romania years ago after first starting a webcam business and then became a reality TV star in the UK. Tate later turned to social media platforms to promote his divisive views, including misogynistic and sometimes violent maxims. The Tate brothers face allegations of trafficking minors, sexual intercourse with a minor and money laundering in Romania. They also face rape and assault allegations in separate cases in Britain, with a civil trial due in June 2026. The brothers, who have British-US nationality, have denied all accusations.

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