A drug ring mastermind has been ordered to pay £200,000 from his ill gotten gains or spend an extra two years in jail.
Matthew Deny is already serving an 18 year term for his role in organising a gang which brought £1.8 million worth of cocaine to Devon and Cornwall.
He set up a bogus furniture business to cover his tracks but his gang was unmasked by a massive police surveillance operation and he was jailed in 2010.
A Judge has now ruled that his sentence will be increased to 20 years unless he pays £200,000 in hidden assets which he acquired from the estimated £1 million profit from his business.
Deny, aged 50, of Norman Mews, Exeter, was one of five men jailed for conspiracy to supply cocaine in the trial at Exeter Crown Court almost four years ago.
He was brought back in front of the same Judge so his ill-gotten assets could be seized under the Proceeds of Crime Act.
His case has taken years to be finalised because he disputed how much he made from the drugs ring and what assets he had retained.
Judge Graham Cottle ruled his benefit from cocaine dealing, after allowing for inflation, was £1,139.481 but that his hidden assets amounted to only £200,000.
He made an order that Deny must pay this money within six months or have two years added to his existing 18 year sentence.
The judge said:"He was the mastermind behind a substantial operation. He orchestrated the planning but kept himself in the background while others fetched, delivered, processed and distributed cocaine.
"However, his fingerprints were all over the operation from start to finish, as was shown by a receipt book discovered in a search of a co conspirator's home.
"It was clearly used to record precisely how much cocaine was produced. He was at the helm and purchased two presses to be used and arranged the rental of a property where cocaine was processed."
The Judge said entries in the records referred to selling tables and chairs but Deny's supposed furniture importing business was a cover for his drug dealing activities.
He rejected Deny's claim that he had no realisable assets and said he had made so much money out of the conspiracy that he must have hidden his money away.
He estimated the drug dealer's share of the profit, even after paying for raw materials and wages, to be £200,000 and added:"He is a resourceful man who would not have emerged penniless from this conspiracy."
↧