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The Guardian - AU
The Guardian - AU
National
Benita Kolovos Victorian state correspondent

‘Fancy cars and flashy yachts’: criminals living the high life targeted by Victoria’s unexplained wealth laws

luxury black car with neon lights in city
Crime figures face losing luxury cars and other items under new Victorian laws that force criminals to repay any wealth they cannot prove was lawfully acquired. Photograph: Terraxplorer/Getty Images

Organised crime figures who splash out on yachts, penthouse suites and sex workers will be targeted by the Victorian government, under new laws that will force them to repay any wealth they cannot prove was lawfully acquired.

The state’s attorney general, Jaclyn Symes, and police minister, Anthony Carbines, on Tuesday announced they will introduce the Confiscation Amendment (Unexplained Wealth) Bill to parliament, in an effort to deprive criminals of the “use and enjoyment of their unexplained wealth”.

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