Hong Kong Court Confiscates HK$8.8 Million from Piracy Syndicate
On December 30, 2008, His Honour Judge C. L. Yau ordered the confiscation of HK$8.8 million (US$1,128,205), the proceeds of crime seized from a pirated optical disc syndicate. The confiscation order followed the conclusion of the criminal trial which resulted in three defendants being sentenced to imprisonment for periods ranging between 33 and 55 months.
The case arose from the July 2004 “Operation Spur” conducted by Hong Kong Customs and Excise. Customs officers raided retail shops, warehouses and CD-R labs belonging to the syndicate. Investigations revealed the HK$8.8 million proceeds which were promptly frozen, pending the outcome of the criminal trial. The MPA provided seizure examination during the raids and maintained full litigation support of the case.
The confiscation, the first case to be completed under Hong Kong’s Organized and Serious Crimes Ordinance, is good news for rights holders: anyone contemplating involvement in piracy will now have to factor the risk of a significant jail sentence and the loss of the proceeds of their crimes into their assessment of the relative risks and rewards associated with piracy. |