Nottinghamshire commercial vehicle dealer Maxwell Stuart Alvey has been ordered to pay back £205,000 in proceeds from his prolific van clocking scam and a further theft offence at Nottingham Crown Court on Friday (26 October).
The court ruled that Alvey (aged 50) of Gedling Road, Arnold, had benefited by £425,000 through his crimes and has £205,000 in realisable assets which he now must pay by 30 April 2013.
Alvey has been ordered to pay £55,000 to 10 victims following a Proceeds of Crime investigation by Nottinghamshire County Council’s Trading Standards.
£25,000 has been awarded to the Home Office and the Council’s Trading Standards to be used to fund work to tackle other criminal activity.
The remaining £125,000 from the £205,000 worth of assets will be paid to the victim of the further theft offence.
The court ruled that if Alvey does not pay back the £205,000 by 30 April, he will be sent to prison for a further 30 months.
Under the Proceeds of Crime Act, the County Council's Proceeds of Crime team can apply back to the courts at a later date to recover further realisable assets up to the total £425,024 he benefited from his criminal activity.
Nicola Schofield, Trading Standards Manager at Nottinghamshire County Council, said: "This is the largest amount the County Council's Proceeds of Crime team has ever recovered from one case since its launch five years ago.
"Maxwell Alvey not only ripped off unsuspecting businesses by misleading them about the mileage on the vans he sold, he placed their lives at risk by making them think they were driving a vehicle with much less wear and tear.
"Many of the vehicles were bought by small, one and two person businesses which could ill afford to spend thousands of pounds on a vehicle which was, in reality, virtually worthless.
“I am delighted that ten of those victims will at least be compensated for the money they were cheated out of."
Councillor Mick Murphy, Cabinet Member for Community Safety at Nottinghamshire County Council said, "The Proceeds of Crime service plays a valuable role in securing justice for victims and society as a whole. This is another example of their work ensuring that many victims of rogue traders in Nottinghamshire are compensated and criminals don't walk away with any of their ill gotten gains.
"The success of the service should serve as a warning to those who scam, cheat and steal that not only will we prosecute you, we will ensure you pay back every penny you have obtained illegally. That could mean you losing your savings, your car or even your home."
Alvey admitted to the sale of 55 vans which he bought at auction between August 2009 and June 2010 and reduced their milometer readings in a bid to increase their value.
He admitted ten counts of Fraud, contrary to Section 1 of the Fraud Act 2006.
People who suspect a dealer is selling vehicles with altered mileage or other serious faults not highlighted during sales should call the Citizens Advice Consumer helpline on 08454 04 05 06 for information about your consumer rights and to flag it up with their local Trading Standards service.