June 15, 2016
A British businessman serving a 10-year jail term for making bogus bomb detectors has been ordered to forfeit cash and assets worth nearly £8m.
James McCormick, from Langport, Somerset, made a fortune selling his detectors to Iraq and other countries.
At his Old Bailey trial in 2013, Judge Richard Hone QC said that McCormick’s fraud had undoubtedly cost lives.
Now the same judge has ordered that his cash, properties and a luxury motor cruiser should be taken from him.
In total the proceeds of crime order amounted to £7,944,834.