Security director ordered to pay £95,000 under Proceeds of Crime Act

On Monday 15 December at Woolwich Crown Court, ex-security director Aston Shim was ordered to pay £94,758 under the Proceeds of Crime Act to be paid within six months. If the order is defaulted, the Court may impose a period of 18 months imprisonment.

Shim was the sole director of Samurai Security Limited (a business located at Macbean Street, Woolwich in London). The company provided security services to nine venues including a school and a local council. Neither Shim nor the majority of his security officers held Security Industry Authority (SIA) licences to work in the private security industry.

In November 2013, at a prosecution brought by the SIA, Shim pleaded guilty to being a director of a security company without an SIA licence and for supplying unlicensed security officers. The court disqualified Shim from working as a company director for five years, gave him a 120-hour Community Order and fined him £8,000.

The SIA worked in partnership with the London Regional Asset Recovery Team in securing a confiscation order under the Proceeds of Crime Act at Woolwich Crown court for £94,758.

The SIA's investigations continue to expose those who do not observe the law

The SIA’s investigations continue to expose those who do not observe the law

Comment from the Regulator

Nathan Salmon, head of investigation at the SIA, said: “The confiscation ordered against Mr Shim means the financial gain he made in supplying unlicensed security officers will be removed from him. This has resulted in a closure of Mr Shim’s business and property obtained from the proceeds of crime.”

Salmon continued: “In running his business of 20 years, Mr Shim made decisions not to comply with security industry regulations. Those regulations are in place to protect the public. Mr Shim would not have been able to service his contracts without unlicensed operatives. A ruling during these proceedings means the total value of each contract is recoverable as criminal benefit where unlicensed operatives were used.”

In conclusion, the SIA’s spokesperson added: “It’s important that the SIA pursues such matters. These prosecutions drive out poor industry practice, ensure criminals do not benefit from their crimes and that criminal funds are returned to the public purse. The SIA has worked in partnership with the London Regional Asset Recovery Team throughout the course of this investigation and we are grateful for their support.”

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